OANDA:GBPNZD   British Pound / New Zealand Dollar
As you can see price is establishing a corrective phase whereby i expect to drop until the liquidity area just below 1.08000. I will wait for price rejection there and clear buy confirmation. My overall bias is to the upside but for now lets watch the short term sell playout. Have in mind that GN structure is bullish
Comment:
Hi traders, as you can see price is establishing a corrective phase whereby, I expect to drop until the liquidity area just below 2.07000. I will wait for price rejection there and clear buy confirmation. My overall bias is to the upside but for now let's watch the short term sell playout. Have in mind that GN structure is bullish. Don't rush into impulsive trades, wait for price to come at significant/psychological level in order to execute and be patient. Follow me for more weekly predictions and hit the thumbs up button, comment and share!
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