FX_IDC:GBPNZD   British Pound / New Zealand Dollar
201 0 6
GBPNZD             IN A MONTHLY DOWN TREND STRUCTURE AND LOOKS LIKE ONE MORE DOWN IS POSSIBLE BEFORE STARTING OF A NEW UP TREND!
IT IS JUST AN ANALYSIS. DON'T TRADE WITHOUT ANY PROPER SETUP IN LOWER TIME FRAME.
CURRENTLY I AM LOOKING FOR A SELL SETUP IN LOWER TIME FRAME. WE WILL SEE STARTING OF A NEW UP TREND SOON!
LETS SEE HOW IT WILL DEVELOP!
THANK YOU
KEEP FOLLOWING AND SUPPORT
HAPPY WEEKEND!
Comment: Posted this chart about a year ago
Now posting a update below this bcz it is still a valid setup!
One more down is still possible in higher degree in all GBP pairs..
But this correction phase will take so long time. Lets see!
snapshot
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