GBPNZD Naked analysis

From the naked analysis above, it seems clear the confirmation of a bullish trend. I read other recommendations about shorting this pair, and although it might work , the probabilities are on the long side. You should use any retracement to increase exposure until proven otherwise.

From the macro perspective, three major banks reported bearish strategies for NZD

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Josep Pocalles