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GBPNZD Forecast
British Pound / New Zealand Dollar
Short
GBPNZD Forecast
By VladimirRibakov
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Aug 19, 2020
9
Aug 19, 2020
D1 - The price which is moving higher has reached a strong resistance zone where we also have the psychological round number 2 coincides.
Until this strong resistance zone holds my view remains bearish here.
H4 - The price has created two false breaks with bearish convergence.
Expecting further continuation lower after pullbacks.
Bearish Patterns
bearishconvergence
falsebreaks
GBPNZD
Multiple Time Frame Analysis
psychologicalroundnumber
pullbacks
SELL
Support and Resistance
Trend Analysis
VladimirRibakov
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