Bearish Idea on GBP/NZD by ThinkingAntsOk
4H CHART EXPLANATION:
In 4H chart, we observe that price effectively rejected the Confluence Zone and now it is facing the Support Zone 1, after breaking the Ascending Channel. If the zone is broken and price consolidate, then it has potential to reach the Support Zone at 1.90300.
DAILY CHART:
In 4H chart, we observe that price effectively rejected the Confluence Zone and now it is facing the Support Zone 1, after breaking the Ascending Channel. If the zone is broken and price consolidate, then it has potential to reach the Support Zone at 1.90300.
DAILY CHART:
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