Search
  • Vasily Trader

GBPNZD: Still Bearish! Technical Outlook



As I earlier predicted,

GBPNZD dropped sharply last week.

We saw a strong bearish rally to 1.9 level.


For now, the market is trading within a falling wedge pattern.

Its resistance serves as the point for sellers to short from.


I believe that the pair will keep falling within the boundaries of the wedge .


Closest supports:

1.90

1.892


0 views