GBPNZD SHORT OPPORTUNITY
GBPNZD is highlighted in our outlook this week as we expect to see a reversal here as the strength and
weakness tables show that GBP extremely strong and NZD is extremely weak. This can often lead to a reversal
and with the weekly timeframe rejecting the key resistance we can expect a follow-through this week.
Technically price is forming a bearish pattern and if we see a break and re-test of the horizontal support we
can look for further downside.
weakness tables show that GBP extremely strong and NZD is extremely weak. This can often lead to a reversal
and with the weekly timeframe rejecting the key resistance we can expect a follow-through this week.
Technically price is forming a bearish pattern and if we see a break and re-test of the horizontal support we
can look for further downside.
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