GBP/NZD Analysis and Trading Idea as of 05/06/2023
GBP/NZD
The trend is ascending. The Forex pair is traded in the range between 365 and 135 ЕМА. The descending wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the formation of the uptrend wave …