gfx-trading

GbpNzd - Short (Short-Term)

Short
FX:GBPNZD   British Pound / New Zealand Dollar
Price trending in a bearish channel since august last year on the daily TF's

Price is clearly rejecting the resistance in confluence with the channel TL.

On the 4h chart, I believe we have a 4h consolidation box formed.

We need a breakout before looking for any entrys.

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.