BullBearMkt

WILL A WEAKNING BRITISH POUNDS GIVES A GOOD GBPNZD SHORT TRADE..

Short
FX:GBPNZD   Livre sterling / Dollar Néo-Zélandais
While NZD has been on a decline for couple of weeks, GBP on the other hand is strengthening. However, in the last couple of days, the GBP has been struggling to the momentum - creating lower-high. From H4, a break below 1.91958 could possibly indicate the pair will test the rising trendline or the next support at 1.90264.

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