BKTradingAcademy

GBPNZD Bounce from Monthly Highs

OANDA:GBPNZD   英鎊 / 紐元
Welcome back! Here's an analysis of this pair!

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** GBPNZD is strongly bullish, however, it's approaching previous monthly highs from July and August 2021. Massive selling pressure appeared from the level taking the price
from 2.0000 zone to support at 9813. We expect a bounce from the previous monthly highs to first target of previous key support at 9820 area, and second target 9700 zone. If you use our popular B-Swing
Strategy, simply follow the entry criteria rules and use strategic risk management. Pip pip HOORAYYYY! :)

Keep this pair on your watchlist and enter when the entry criteria of your strategy is met.

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Brian & Kenya Horton, BK Forex Academy

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