TradingView
BullBearMkt
Aug 31, 2019 7:54 AM

WILL A WEAKNING BRITISH POUNDS GIVES A GOOD GBPNZD SHORT TRADE.. Short

British Pound/New Zealand DollarFXCM

Description

While NZD has been on a decline for couple of weeks, GBP on the other hand is strengthening. However, in the last couple of days, the GBP has been struggling to the momentum - creating lower-high. From H4, a break below 1.91958 could possibly indicate the pair will test the rising trendline or the next support at 1.90264.

PLAN YOUR TRADES AND TRADE YOUR PLANS
More