Looking at Bullish Moves on GBP NZD

4 ביולי 2017

I am expecting to see a huge bullish move on the GBP NZD to the 1.85 level. Broken through the 23.6 Fib Retracement from daily move from 5-12 Top of daily chart. Recent bullish daily candles has seen A break and retest of the 200 SMA moving average which will act as huge support on the swing trade. Crossover of 20 & 200 MA below current price indicates an upward move. GBP expecting to be bullish in regards to BOE change in tone on interest rates and with NZD central bank.