Get started
A1Investments

Short GBP/NZD Pullback, RSI Overbought

Short
British Pound / New Zealand Dollar (FX:GBPNZD)  
A1Investments Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Support and Resistance Supply and Demand pullbacktrade pullbacksell forexsignals forextrading forexeducation shortsetup gbpnzdshort gbpnzdsell GBPNZD
4
0
trendanalysis supportandresistance supplyanddemand pullbacktrade pullbacksell forexsignals forextrading forexeducation shortsetup gbpnzdshort gbpnzdsell gbpnzd
Now's looking like a good time to short the GBP/NZD pair as RSI (14) is indicating an overbought signal which confirms a pullback is bound to happen. Price should drop back to previous structure or even the tested trendline so we'll keep an eye out on these zones.

Trade Details :

SL : 1.9755
TP 1 : 1.9600
TP 2 : 1.9440

Join my free trade signal group on Telegram & start making profits with me!

Link : t.me/joinchat/AAAAAE4gP6pB-p-RPEE8Mw
Trade closed: stop reached:
SL hit at -60 pips.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.