Head and shoulder pattern forming on GBPNZD . Looking for short and retest of shoulder for upswing to previous supply zone( Yellow bar ).
* Note further Brexit news and fundamental news for GBP may turn upswing from 1.83040 (blue line) to a Triple top formation if price does not break 1.86267 (red line). We could then see a further drop back towards 1.83040
* Note further Brexit news and fundamental news for GBP may turn upswing from 1.83040 (blue line) to a Triple top formation if price does not break 1.86267 (red line). We could then see a further drop back towards 1.83040
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.