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EliteTradingSignals

GBP/NZD BEARS ARE STRONG HERE|SHORT

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Paun British / Dolar New Zealand (FX:GBPNZD)  
EliteTradingSignals  
FX:GBPNZD   Paun British / Dolar New Zealand
Trend Analysis Chart Patterns Wave Analysis GBPNZD short SELL trading Bearish Patterns Forex forecast techincalanalysis Contains image
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Hello,Friends!

GBP/NZD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 17H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.957 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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Penafian

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