GBPNZD is highlighted in our outlook this week as we expect to see a reversal here as the strength and
weakness tables show that GBP extremely strong and NZD is extremely weak. This can often lead to a reversal
and with the weekly timeframe rejecting the key resistance we can expect a follow-through this week.
Technically price is forming a bearish pattern and if we see a break and re-test of the horizontal support we
can look for further downside.
weakness tables show that GBP extremely strong and NZD is extremely weak. This can often lead to a reversal
and with the weekly timeframe rejecting the key resistance we can expect a follow-through this week.
Technically price is forming a bearish pattern and if we see a break and re-test of the horizontal support we
can look for further downside.
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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.
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.