Reason for Buying GBP/NZD :
GBP/NZD is moving up and down between the ranges in H1 Chart.
After market reaching the bottom level of the range, GBP/NZD Buy Signal was given to the members.
Due to Fundamental event, FED Chariman “Jerome Powell” speech, USD becomes too weaker.
This affects GBP/NZD to fall down more in short period of time.
GBP/NZD reached our Stop Loss Price.
Education Note :
In Forex market, Fundamental wins 20% of the time, technical wins 80% of the time. On this trade, fundamental wins at this time.
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