Get started
ShaquanLopez

GBPNZD Strength Decreasing

British Pound / New Zealand Dollar (OANDA:GBPNZD)  
ShaquanLopez  
OANDA:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Candlestick Analysis Trend Lines GBPNZD gbpnzdshort gbpnzdsell gbpnzdforecast gbpnzdanalysis gbpnzdsignal
2
0
trendanalysis candlestick trendline gbpnzd gbpnzdshort gbpnzdsell gbpnzdforecast gbpnzdanalysis gbpnzdsignal
GBPNZD has printed a bearish rejection candle. There seems to be a slowdown in volatility. If price can break this trend line and retest it we will see price take back down to the previous low at 1.84000. If price continues its bullish momentum, price can potentially push up into the next zone between 1.97000- 1.98000.

www.slfxtrading.com
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.