FX:GBPNZD   British Pound / New Zealand Dollar
** JUST AN IDEA. NOT A SIGNAL **

Sorry we haven't posted in two weeks due to covid.

We are back with GBPNZD , as we can see a weekly downtrend is continuing as the days go by.

Momentum has been lost this week over the last few days with signs of a reversal.

If the trade chooses to break 1.92770 barrier I expect to see a nice uptrend.

Else if the trade breaks the 1.91360 line then I expect a nice downtrend drop.

Interesting trade to keep an eye on.


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