Get started
JoeChampion

GBPNZD:Breakout and Potential retrace

Short
British Pound / New Zealand Dollar (FX:GBPNZD)  
JoeChampion  
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Beyond Technical Analysis Technical Indicators GBPNZD GBP NZD SELL short Bearish Patterns Technical Analysis Contains image
37
10
trendanalysis beyondta indicator gbpnzd gbp nzd sell short bearish technicalanalysis containsimage
Hey Traders, GBPNZD was trading in an uptrend and then managed to break it massively due to NZD strength. if we take a look at the stock market we will notice some bullish bias, and stocks do correlate with NZD and AUD positively. now GBPNZD is in a correction phase after the breakout so i will be watching a potential retrace around 1.945 support and resistance zone.
Join our telegram Channel for daily market updates t.me/JoeChampion
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.