GBPNZD: Classic Trend-Following Setup 🇬🇧🇳🇿

snapshot

Hey traders,

GBPNZD is trading in a bullish trend.
The price is steadily growing within a rising parallel channel.

From the beginning of January, the pair started to consolidate.
The price was stuck around 2.015 level forming an ascending triangle formation.

This night the horizontal resistance was finally broken.
I expect a bullish move to 2.03 level.

❤️Please, support this idea with like and comment!❤️
forecastForexGBPGBPNZDnewzealanddollarParallel ChannelpoundpriceactionpriceactionanalysisSupport and ResistanceTriangle

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