GBPNZD 400 PIPS DOWN Short

British Pound/New Zealand DollarFXCM

Description

⋅ May 28, 2015 9:52 AM

GBPNZD cycles suggest a good time for a sell. The uptrend trendline is broken and that should put price under pressure. Overall I expect price to go down and hit 2.0780 area. Good selling opportunity might present itself tonight.