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.
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Team GMT Futures & FX