Gbp/Nzd

[olbiz]

GBP / NZD reached the target 2.0500 .. The target buy buy next- 2.0930 and 2.1050, GBP / NZD has just risen sharply - by breaking through the 2.0500 resistance level, which is set as a target to buy in our previous forecast for this currency pair. Breach of this resistance level intensifies bullish pressure on GBP / NZD - accelerating the current wave C of the ABC correction medium (2) of the strong support level is 1.9400.so targeted per days 30-50 pips if you trading in h1.

[Gamabunta]

The price failed in stable above the resistance level at 2.1403, that's why I think that we can get in short position with take profit at 2.1245.

[ducd3vaizo]

Daily Forecast

Major Trend: Bullish
Time Frame: H1
Reason: The possibility of the market will bounce back after successfully touching the Fibonacci 261.8 at 2.1487. Then, it will be a correction to the range 2.1365-2.1303
Recommendation: Selll limit at 2.1487

[ducd3vaizo]

Daily Forecast

Major Trend: Bearish
Time Frame: H1
Reason: Candle bearish been formed on the last Wednesday. The possibility of the market will not be able to break above 2.1137 - 2.1177, but will immediately close gap
Recommendation: Sell

[Gamabunta]

As we can see, the price is facing the resistance level at 2.1063 that's why we can get in short position with take profit at 1.9352.

[John202]

After a strong rally and rising for five consecutive days in a row throughout this week, the day the pair begins the first landing.
Where in my view is the current landing just profit-taking process after a wave of strong rally, which did not include any decline even candle
One day, which led to fatigue or to satisfy the rise of the process so the current decline naturally as part of the correction process to take profit.
Not for a couple of strong statements today only US consumer confidence to the Fourth pm GMT Cairo.

[dalimetre]

Peace, mercy and blessings of God Thank you, my dear brother to Trg This outstanding Thread
Well done and work in the forex world, because he does best and should Tstaatmr
We wish more excellent luck and all your posts on a distinguished road

[John202]

GBP saw on Amsmjmuah of important data, where British general unemployment rates, which recorded a decline of 5.6% to 5.5% over the past month as expectations were issued, as jobless claims fell because of unemployment by 12 600 people on the monthly level but the lowest expectations for a monitor to fall from by 20.5 thousand people at the same level as was modified earlier Arkamalqrah to become a low registrar requests by 16 700 instead of 20 700 request, also issued rate of growth in wages, which recorded a rise of 1.9% on the level quarterly better than expectations, which were monitored to rise by 1.7% on the same level.

[ducd3vaizo]

Daily Forecast

Major Trend: Bullish
Time Frame: Daily
Reason: Possible market volatility will decline, and only the correction to 2.0821 and bouncing on 2.1120
Recommendation: Sell limit at 2.0821

[John202]

Issued this afternoon British economic data packet significant average earnings index and jobless claims report added to inflation and word Carney.
Average earnings index was better than the previous forecast and 1.9% versus 1.7% and expectations, but rose
Jobless claims than the previous and expectations, as well as the impact of inflation report negatively on sterling pointed to low
Growth to 2.4% vs. 2.9 previously, while reducing central British Prime Carney of an economic downturn in England
And he pointed out that the inflation target is expected to reach him through the next two years to almost 2%.