GBPNZD Trade Idea / Speculation - 12 hour Long Block
GBPNZD - 12 hour time frame - Long block on the 12 hour and Daily. - Momentum on the downtrend has slowed and is now creating support off the block and trend line. - I do not follow news religiously but BREXIT appears to be happening which would strengthen the pound and NZD may be looking for a retrace as highs are being hit on many NZD pairs. - I highlighted two bullish engulfing candles, focus on the current one on trend, and on block. I want to see price come a little lower. I have not entered this trade so no long position icon is shown.
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