GBPNZD, 1W, Short

2020年4月26日

Hi Traders

What we're seeing in GBPNZD is the break of an older trendline, one that's held for a good few months.
However, as it's wedging, it's time for out with the old and in with the new.
SO, what do we say??

GBPNZD is now bearish, I am looking for a downward push to 1.95, then a possibility of a retrace to 2.06 before another large drop.

However, that's a bridge we'll cross when we get there. But I am confident of a bearish push, down to 1.95.

Please share your views, like and comment and even give me a follow :)

Thanks, Roo.

Please note, I am not a professional trader and do not control the market. These are simple ideas based on what I see and what I have learnt. Please be patient and react to the market, do not try to act for it. Risk is on you if you choose to follow as I cannot be responsible for your Forex account.