GBPNZD - SHORT TRADE PLAN
Market Instrument: GBPNZD
Timeframe: Daily
Analysis: Technical
Structure: Resistance and Fibonacci
Prediction: Bearish
GBPNZD has revisited another important level of support where we have seen a huge price plunge against the New Zeland Dollar. The expected price drop or pull back on the bull trend formed is expected to reach a minimum level of 38% on Fibonacci retracement we have pointed from low to high.
Timeframe: Daily
Analysis: Technical
Structure: Resistance and Fibonacci
Prediction: Bearish
GBPNZD has revisited another important level of support where we have seen a huge price plunge against the New Zeland Dollar. The expected price drop or pull back on the bull trend formed is expected to reach a minimum level of 38% on Fibonacci retracement we have pointed from low to high.
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