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Gbpnzdsell

GBPNZD Maintains Bearish Momentum - Is 2.23800 the Next Target?OANDA:GBPNZD is trading within a well-defined descending channel, with price action respecting both the upper and lower boundaries. The price has broken below a key support zone and has now pulled back for a potential retest. This level previously acted as support and may now turn into resistance, aligning with a bearish continuation. If sellers confirm resistance at this zone, the price is likely to move downward toward the 2.23800 target, which aligns with the lower boundary of the channel. However, a breakout above the resistance zone would invalidate the bearish scenario and could open the door for a stronger bullish reversal. Remember, always confirm your setups and trade with solid risk management. Best of luck!
Short
by TrendDiva
3
GBP/NZD Finally Made A Reversal Pattern , Short Setup Valid !Here is my opinion about GBP/NZD , Finally we have a very good Head And Shoulders Pattern ,and the price closed below neckline so it`s a very good chance to sell it to get 250 pips . This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Short
by FX_Elite_Club
GBP/NZD Broke The Support And Ready To Go Down , Don`t Miss !We have a very good closure below our support and great chance to sell this pair for more 150 pips at least , if we have a daily closure below , it will be a great confirmation to can be sure it will go down more and more This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Short
by FX_Elite_Club
2