EliteTradingSignals

GBP/NZD BEST PLACE TO SELL FROM|SHORT

Short
FX:GBPNZD   British Pound / New Zealand Dollar
Hello,Friends!

Previous week’s green candle means that for us the GBP/NZD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 2.038.

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Comment:
We are seeing a good move already so we will keep the trade running!

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