GBPNZD – Weekly Trend Index 150 pips Profit

Hi Traders,

As we take a look at some of the trades for this week you will notice that Jeff

has the Monthly, Weekly and daily charts all lining up on the GBPNZD for a possible sell.

 

This coupled with the Weekly Strength Index of the GBP-76 very bearish and a bullish NZD 171 this trade slipped into the high probability category.  Please see the table below.

 

         

With price breaking the Jeff donchain channel on our left we picked up a nice 150pips early in the week to set the tone for a strong start to the month of July.

 

For those wanting to join the daily GMT FX live session please click on the following link:

GMT FX Live Training Service

For more information please feel free to email shane@gmtfutures.com

 

Cheers

 

Team GMT Futures & FX