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chiefcapitalfx

7th of may gbpnzd bearish setup.

Short
British Pound / New Zealand Dollar (OANDA:GBPNZD)  
chiefcapitalfx  
OANDA:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Chart Patterns Rising Wedge Support and Resistance descendingtrendline GBPNZD sellingpressure pound dollar
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trendanalysis chartpattern risingwedge supportandresistance descendingtrendline gbpnzd sellingpressure pound dollar
GBP/NZD has reached daily resistance zone (green) and this is in line with the descending trendline from weekly resistance (purple). Also the rising wedge also indicates selling pressure.


snapshot
snapshot
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