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British Pound / New Zealand Dollar
Short

GBPNZD bearish expectations

By DepaTrading
Updated

GBPNZD price is make two strong bullish pushes from 4.Oct. currently DESCENDING CHANNEL visible, price is make bearish bounce on strong zone 2.16600.
Expecting this point now is exhaustion and expectations are to see higher bearish continuation from here

SUP zone: 2.17000
RES zone: 2.14700, 2.14100
Trade active
GBPNZD doing good, here bearish continuation till TPs expected
Trade closed: target reached
First zone reached, its bring us +110PIPS, currently we are on ~150PIPS, still here bearish continuation expecting for next periods, next fall can be till 2.13600
Beyond Technical AnalysisconsolidationzoneDescending ChannelTechnical IndicatorssupportandresistancezonesTrend Analysis
DepaTrading

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