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GBPNZD > Can pound Stand up For NZD?

Long
OANDA:GBPNZD   Livre sterling / Dollar Néo-Zélandais
Analysis of #GBPNZD

Can pound stand up for NZD and start making move to the upside?

Price as we see been a long term downtrend and as we know trend does not last long especially in forex, so here is my plan.

-If price break and close above resistance level I will look to enter long to catch a move that could be worth 200pips



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Check today analysis below⠀
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Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only

⚠ Please note the ideas is valid only if it happened as I said above

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