GBPNZD Short idea Short

British Pound/New Zealand DollarFXCM

Description

⋅ Jun 15, 2023 5:09 AM

Reasons for taking this trade bearish:
1. It’s currently in a downside correction on higher timeframe
2. It’s in a downtrend on the current lower time frame
3. It gave a 78.6 - 88.6 rejection on the fibs