GBPNZD H1 Analysis

4 thg 8, 2020

The GBPNZD chart is an a bullish trend at the moment, and we should expect further upward movement. If we zoom in on the H1 chart, we can notice the formation of a flag pattern, which is a continuation pattern. Hence, the trade would be executed as follows:
GBPNZD
BUY: 1.97600
SL: 1.96800
TP1: 1.98100
TP2: 1.98600