GBP/NZD SHORT from Resistance + 61.8% FIBO Level | SELL

GBP/NZD Continue his drop also in the last session after a slight retracement, the price today, open the session with another bearish candle confirming the weak moment of the GBP. The price after the Pullback on the dynamic trendline with the confluence of the 61.8% Fibo level push down in favor of the bearish maintrend showing us a cleat Swing trading setup. As you can see a Divergence with Overbought is present in Stochastic indicator plus the RSI still in bearish side. The VAlue 1.8800 is our first target for this pair and We think the price will not take longer to reach it.