Forex Signals – GBP/NZD Technical Analysis and Forecasts [11-06-2020]

GBPNZD Forex Trading Signals

GBPNZD Technical Analysis and Forcasts 

Price Expected to Continue UPtrend.

Time Frame- 4H

1- Market Sentiment – Bullish.

2-Price Bounce Back at Support Level

Trade Setup

Position :- Long
Entry Level :- 1.9500
Stop Loss Level :- 1.9300 (200pips)
Take Profit Level :- 2.04500(545pips)

Alternative scenario

Down Trend Maybe Continue if price break below 1.9300 which will leads to 1.8900

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Note:-

Forex Trading is Highly Risky Business , do your own research and be aware of the risks and rewards. Always use Stop Loss. 

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