GBPNZD is forming lower highs (LH) and lower lows (LL). According to Dow Theory, this suggests that the price may continue moving lower. "Remember to always follow the risk-reward ratio and allocate only 0.5% to a maximum of 1% of your portfolio per trade."
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.