GBPNZD Detailed Trading Plans For Next Move(s)
GBPNZD has rallied inline with the sideways trend apparent since about 15 May 2024.
This reflects strongly the mid term sentiment case, which does not show a huge deviation between the two.
Technical Bias - Price exists now at key price action levels for shorts with some signs of rejection.
Sentiment/Fund bias - Longer term outlook is short for GBP VS NZD. Current sentiment does not particularly favour a huge outlying long case for the pound over the NZD, supporting short bias. Sideways trend may also be sustained.
This reflects strongly the mid term sentiment case, which does not show a huge deviation between the two.
Technical Bias - Price exists now at key price action levels for shorts with some signs of rejection.
Sentiment/Fund bias - Longer term outlook is short for GBP VS NZD. Current sentiment does not particularly favour a huge outlying long case for the pound over the NZD, supporting short bias. Sideways trend may also be sustained.
Note
Likely Higher Level Resistance May Be Hit. Holding Off Shorts.Note
Short zones approach, still holding off.
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Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.