GBP/NZD BEST PLACE TO SELL FROM|SHORT

Short

Britisches Pfund / Neuseeländischer Dollar (FX:GBPNZD)

Aktualisiert

FX:GBPNZD Britisches Pfund / Neuseeländischer Dollar

Trend Analysis Chart Patterns Wave Analysis GBPNZD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image

trendanalysis chartpattern waveanalysis gbpnzd short sell trading bearish forex forecast tecnhicalanalysis containsimage

snapshot

Hello,Friends!

GBP/NZD is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 2.061.

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Kommentar:

I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!

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