charts247
Short

GBPNZD MORE SLIDE EXPECTED

FX:GBPNZD   British Pound / New Zealand Dollar
27 0 1
GBPNZD             IS RIGHT TO SELL THIS PAIR FROM THIS LEVELS AFTER A PULL-BACK.
THE TREND IS OBVIOUS (RED-ARROW). WE ALSO HAVE A CLEAR BEARISH CANDLE ON 28TH THAT SUGGEST THAT THE DOWNSIDE IS FAVOURED.
WE ARE EXPECTING PRICE TO TRADE LOWER FROM THIS AREA TOWARDS THE LOW OF 2.2434 AND BELOW.
STOP IS PLACE JUST ABOVE 2.3026
TARGET: 2.2344
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