GBPNZD: Trend Continuation

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GBPNZD: Trend ContinuationBritish Pound Sterling / New Zealand DollarCMCMARKETS:GBPNZDFinancialGamblRMomentum is picking again on the GBPNZD pair. Here are my observations on the daily and H1 timeframes. Daily Timeframe: HTL marks a resistance turned support Price is also exiting the EMA areas, which is an indication of momentum H1 Timeframe: Price shows momentum as it crossed above the DTL Price shows confluence with higher timeframe trend as it holds above EMA20 Uptrend is signaled by EMA20 remaining above EMA60