GBPNZD - Medium Term Outlook - 27th October, 2014
Wkly Chart
- We have seen rejection at the 2.10, after breaking resistance which now comes in at support 2.04 where now could have a range bound trading.
Daily Chart
Outlook Trade opportunity
Medium term i favor the upside, therefore if prices to fall to the low 2's , we could go longnote - will look at the GBPUSD and NZDUSD (with NZDUSD heading to new lows and GBPUSD holding or at strong support)