Snick3rSD

GBPNZD - Short from bearish order block ✅

Short
FX:GBPNZD   Livre sterling / Dollar Néo-Zélandais
Hello traders!
‼️ This is my perspective on GBPNZD.

Technical analysis: Here we are in a strong bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement in order to fill the imbalance higher and then to reject from bearish order block.

Fundamental analysis: Upcoming week on Wednesday we have important news on NZD, Cash Rate will be released. A positive result will support our analysis.

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