RimaLondon_

GBPNZD - Long term Short Analsis

Short
FX:GBPNZD   British Pound / New Zealand Dollar
Long term - Short Bias - GBP is fundamentally bearish - Currently it has reached a critical point where i am expecting it to go down from here.

Looking at the daily TF for top down analysis - Fibbed from previous top to bottom at price is currently sitting and rejecting 71% - targeting -21 % as the ultimate TP - risking 50 pips to gain 1730 pips.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.