Ometrading

GBPNZD short possibilty

Short
FX:GBPNZD   British Pound / New Zealand Dollar
Hi everyone,

GBPNZD shows us a good short opportunity on the long term. Starting on the Weekly chart, we can see a breakout a retest of both MA. In addition, price rejected 61.8% fibonacci retracement.

After a breakout of the retracement, we could see a bearish impulse on the long term.

I will keep updaitng the pair.





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