GBP/NZD Bulls are Continuing with Uptrend

1.9480 is the breakout point of the bullish pattern where we might expect a continuation move. The intraday target is 1.9523 but we could probably see a swing if the daily candle closes above it. In that case the target will be 1.9660 followed by 1.9770. The GBP/NZD is showing a confluence structure at the bottom and I only see bulls.

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Cheers and safe trading,

Nenad

 

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Nenad Kerkez

Nenad Kerkez is an analyst and trader who has been in the market since 2008 and works closely with Admiral Markets as their Senior Lecturer and Market Analyst. Nenad covers over 25 currencies on an intraday basis and has a Masters in economics. He also developed CAMMACD TM, a proprietary trading and analysis strategy wit ever powerful pre fact setups that you can read every day. Nenad is also a valuable presenter on various FX EXPO shows, where he always presents new and interesting ways how to trade price action and protect your own investments. Further, he is the co-founder and head of Elite Currensea Trading, an educational website for currency traders.