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GBP/NZD BEARS WILL DOMINATE THE MARKET|SHORT

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Paun British / Dolar New Zealand (FX:GBPNZD)  
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FX:GBPNZD   Paun British / Dolar New Zealand
Trend Analysis Chart Patterns Wave Analysis GBPNZD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis gbpnzd short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

GBP/NZD pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 2.048 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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