Made a trade on gbpnzd based on 1. GBP will be bullish as market prices in future rate increase in the near term. 2. Speculation NZ will cut rates to alleviate the damages done by the earthquake to the economy. So looking to long this pair. Previous week GBP weaken and thus looking out for bottom out signal, same as per gbpjpy. Double bottom seen on H1, entry when PWP and neckline of pattern broken, as stock market begin the week bullish. Took profit manually yesterday for 250 pips as dow market begins to turn down again. Remaining position was triggered for 400 pips this morning. Kudos to Prime Minister Key for making the rate cut statement !!!!

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