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Mancoba_Thabethe

Sell GBPNZD breakout!!

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British Pound / New Zealand Dollar (FOREXCOM:GBPNZD)  
Mancoba_Thabethe  
FOREXCOM:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis bankofengland rbnz sellsignal breakout
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trendanalysis chartpattern beyondta bankofengland rbnz sellsignal breakout
Earlier I posted the GBPNZD double bottom pattern and it failed to complete due to the NZD GDP release which caused the pair to consolidate and the BoE meeting today is the cause of the GBP weakening as the MPC was looking to be dovish. We are likely to see it plummet for the short term.

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