FX:GBPNZD   British Pound/New Zealand Dollar
14 0 0
The primary trend of GBP/NZD is bullish on charts. In its 4 hourly chart, the pair is not sustaining at higher levels and consolidating with strong negative bias to give break out at downside. Its 30 DMA is also supporting the upcoming bearish trend in the pair. It is having an important support at the level of 2.3680. If it breaks its support level and sustains below it then we can expect it to show further bearish movement in the pair.

INDICATORS:-MACD is sustaining in selling territory indicating the upcoming bearish trend in the pair.

STRATEGY: GBPNZD             is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions.
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out