GbpNzd to drop under 1.9
The month of October is, for GbpNzd an H&S pattern, with the spike above the 2k zone, marking the head.
With the start of November, the neckline break comes followed by a drop and correction in a flag.
Now this correction seems to be over and the pair could drop to visit the previous support under 1.9
I'm bearish GbpNzd as long as the pair stays under the 1.9550-1.96 zone and sell rallies could be a good trade with good R: R
With the start of November, the neckline break comes followed by a drop and correction in a flag.
Now this correction seems to be over and the pair could drop to visit the previous support under 1.9
I'm bearish GbpNzd as long as the pair stays under the 1.9550-1.96 zone and sell rallies could be a good trade with good R: R
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