Rising wedge break down

FX:GBPNZD   British Pound / New Zealand Dollar
65 2 0
#forex #gbpnzd
Yes, that's how markets tend to behave after a trend line break. However, this time I'm more bearish and I expect another leg down, at least to be observed on H4. The NZD is clearly oversold and a new surge of strength may precipitate further decline of this pair. The GBP is weakish, but is getting less clear to me, what it's going to do next.
AntenaPips ForceFollower
Thsnk you for your comment. Expecting some pullback for the next week, since we are already 4 days making new lowers and veloume decreasing. Yesterday appeared one spping top with good volume and today one bull candle with volume biggest volume since 02/28. Maybe we will see some pullback or one sideway week till 03/19 when will be realease importante news.

Let us see what will happen.

Good weekend to you!
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