GBP/NZD is set for a potential bearish continuation, with the break-and-retest scenario aligning with the downtrend structure. Liquidity above 2.19900 may act as a catalyst for the next downward move. Wait for confirmation of the break below 2.19900 before entering a short position.
GBPNZD so why Broker XM at The end of new York Session a crazy Spread appears, 2.21700 to 2.21300 so 0.00400 points of Spread executed a short position , now price is trying to up , but why XM broker happens This modda Faking shit!????
GBPNZD Price Action Expectation: We expect that if the price successfully breaks above the minor key resistance at 2.2000, it will signal renewed buying momentum. To capitalize on this potential breakout, we will place a buy stop order just above the resistance level