How to trade forex with the GBP NZD pair using a trend strategy

  • May 02 2022
  • by
  • Analyst AZA
How to trade forex with the GBP NZD pair using a trend strategy

How to trade forex with the GBP NZD pair using a trend strategy

Day trading strategy for beginners for the GBP NZD pair. The price has surged in value now and has changed over 300 pips in two days. Profitable strategies for Currency trading online are best used when there is an impulse for price growth. Our forecasts forex is that the currency pair will still grow in price to the resistance level of 1.9610. This day trading signal will allow you to earn 55 pips in one trade.

Symbol: GBPNZD
Order Type: Pending Order - Buy Stop
Entry Price at 1.9555
Take Profit at 1.9610
Pips Earning: 55

Strategies for forex trading:
EURUSD sell at the price of 1.0500
USDJPY buy at the price of 130.55
GBPUSD sell at the price of 1.2535
USDCHF buy at the price of 0.9750

img
How is forex traded
The profit can be $397.21 if the trading volume of 100000 GBP (1 Lot).

Promotions

top authors

Fundamental analyst

Stan Zabar
Fundamental analyst

Head of Analysis Department

Michael Wallenberg
Head of Analysis Department

Economic Observer

Alan Dofine
Economic Observer

Call US Feedback
en de nl fr pt es it uk zh ko ja ar ru pl tr