Get started
meditate_more

GBPNZD Short-Term Outlook

Short
British Pound / New Zealand Dollar (OANDA:GBPNZD)  
meditate_more  
OANDA:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis GBPNZD
1
0
trendanalysis gbpnzd
GBP is likely to bounce off the resistance. (with the help of some Fundamentals)
But if the fundamentals are against the GBP, the down-trend can just break through the resistance and keep its down trend.

I don't want to buy the reversal; Risk to Reward ratio is off.

I will be waiting to enter a sweet Short position.
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.