GBP/NZD Simple Short Setup.
Updated
GBPNZD has drifted lower on continue GBP weakness.
Rising back to the upside of the current newly formed downtrend we can see early rejection of longs occurring.
On a day with little news, we may see further price drifts before continuation.
Rising back to the upside of the current newly formed downtrend we can see early rejection of longs occurring.
On a day with little news, we may see further price drifts before continuation.
Note
Shorts applicable.Trade active
Exit for first round of gains.
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