Institutional Supply: GBP/NZD Short
Hey Max here,
Second to the previous postabout EUR/GBP long, I've a similar bias for the overall GBP compared to the NZD. Price has been very bullish for GN at the monthly, weekly and daily chart, yet price is located at a key area which can start a decent pullback. GBP/NZD shorts are interesting for me, keep in mind it is just a pullback play.
More charts will follow shortly, one more to share.
Kind regards,
Max Nieveld
Second to the previous postabout EUR/GBP long, I've a similar bias for the overall GBP compared to the NZD. Price has been very bullish for GN at the monthly, weekly and daily chart, yet price is located at a key area which can start a decent pullback. GBP/NZD shorts are interesting for me, keep in mind it is just a pullback play.
More charts will follow shortly, one more to share.
Kind regards,
Max Nieveld
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.