SELLING GBPNZD at market price - pure technical
The pound sterling has enjoyed a healthy uptrend since 2nd October and kind of double-toped'ish at 2.04188. I see a potential retracement considering some apparent weakness in GBP and visible strength in NZD. So I am choosing to be a bear on GBPNZD starting now.
Trade closed: target reached
TP1 smarshed
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Disclaimer
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.