KlejdiCuni

GBPNZD: Small Rising Wedge | Can it Reverse The Whole Movement?

Short
FX:GBPNZD   British Pound / New Zealand Dollar
This is an analysis I have also mentioned on other GBP ideas.
GBP is nearing the end of the bullish movement in many pairs.
They will not move at the same time because some currency pairs are weaker, some are slightly stronger at a certain point in time.

GBPNZD is moving inside a small "Rising Wedge" pattern.
Once 2.0020 will break, we can see an acceleration in bearish movement.

Targets:
🎯 1.9850
🎯 1.9660
🎯 1.9380

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