Friday, March 4, 2011

Resumption of uptrend for GBPNZD - Part 1

GBPNZD has resumed its uptrend after retracing.. in line with strengthening of EUR after ECB president made the rate increase comment, boosted by weakening of NZD. Currently attempting to break out of blue channel and possibly forming a much steeper green channel. See previous post on gbpnzd

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