GBPNZD: Key Level Trade Explained 🇬🇧🇳🇿

Short

British Pound / New Zealand Dollar (OANDA:GBPNZD)

Updated

OANDA:GBPNZD British Pound / New Zealand Dollar

Support and Resistance Multiple Time Frame Analysis Double Top or Bottom Forex forecast Technical Analysis trading GBPNZD

supportandresistance mtfa doubletoporbottom forex forecast technicalanalysis trading gbpnzd

snapshot

Hey traders,

GBPNZD reached a strong daily structure resistance.
On that, the price formed a double top on hourly time frame.

Breaking the neckline, chances are high to see a bearish continuation.

First goal - 1.985

Safe stop above the highs of the pattern.

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