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GBP/NZD Bulls are Continuing with Uptrend

By: 
Nenad Kerkez
GBP/NZD Bulls are Continuing with Uptrend

The GBP/NZD is bullish and we might expect a continuation move up.

1.9480 is the breakout point of the bullish pattern where we might expect a continuation move. The intraday target is 1.9523 but we could probably see a swing if the daily candle closes above it. In that case the target will be 1.9660 followed by 1.9770. The GBP/NZD is showing a confluence structure at the bottom and I only see bulls.

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About the Author

Nenad Kerkezcontributor

M.Ec. Nenad Kerkez aka Tarantula is Elite CurrenSeas Head trader and a valued contributor to many premium Forex and trading websites.

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