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VladimirRibakov

GBPNZD Forecast

Short
British Pound / New Zealand Dollar (OANDA:GBPNZD)  
VladimirRibakov  
OANDA:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Support and Resistance Multiple Time Frame Analysis GBPNZD SELL Bearish Patterns psychologicalroundnumber falsebreaks bearishconvergence pullbacks
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trendanalysis supportandresistance mtfa gbpnzd sell bearish psychologicalroundnumber falsebreaks bearishconvergence pullbacks
D1 - The price which is moving higher has reached a strong resistance zone where we also have the psychological round number 2 coincides.

Until this strong resistance zone holds my view remains bearish here.

H4 - The price has created two false breaks with bearish convergence.

Expecting further continuation lower after pullbacks.
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