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RimaLondon_
Mar 25, 2021 7:59 PM

GBPNZD - Long term Short Analsis Short

British Pound/New Zealand DollarFXCM

Description

Long term - Short Bias - GBP is fundamentally bearish - Currently it has reached a critical point where i am expecting it to go down from here.

Looking at the daily TF for top down analysis - Fibbed from previous top to bottom at price is currently sitting and rejecting 71% - targeting -21 % as the ultimate TP - risking 50 pips to gain 1730 pips.
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