GbpNzd- 1:3 risk:reward trade

11 thg 2, 2021

After finding strong support in 1.86 zone, GbpNzd has started to trade higher and in the past month is trading in a range between 1.9 and 1.92.
I expect a break to the upwards and the pair can accelerate gains towards 1.98 resistance.
Also, a trade with this target can have a 1:3 R:R ratio