gfx-trading

GbpNzd - Short (Short-Term)

Short
FX:GBPNZD   British Pound / New Zealand Dollar
Price trending in a bearish channel since august last year on the daily TF's

Price is clearly rejecting the resistance in confluence with the channel TL.

On the 4h chart, I believe we have a 4h consolidation box formed.

We need a breakout before looking for any entrys.