Filipo1

GBPNZD: bearish from M1 to H1...

Short
FX:GBPNZD   British Pound / New Zealand Dollar
4
After a short break of the flat Tenkan Sen last week's candlestick closed lower than the Jan 09. Overall landscape stays bearish as price action remains below the Kumo and the Chikou Span below historic candles on all timeframes from monthly to hourly.
The proximity of the Kijun Sen on the weekly supports the probability of the continuation of the downtrend.
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