GBPNZD - 24h expiry

The medium term bias remains bullish.
We look for a temporary move lower.
The sequence for trading is higher highs and lows.
Preferred trade is to buy on dips.
Bespoke support is located at 2.1230.

We look to Buy at 2.1230 (stop at 2.1200)
Our profit targets will be 2.1350 and 2.1410

Resistance: 2.1350 / 2.1410 / 2.1470
Support: 2.1230 / 2.1200 / 2.1140

Risk Disclaimer

The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.

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GBPGBPNZDgbpnzdlongNZDSupport and Resistance

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