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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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.
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.