Deeppoketz

GBPNZD Forecast is Bearish/Sell

Short
FX:GBPNZD   Livre sterling / Dollar Néo-Zélandais
Dear traders,

Here is your GBPNZD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the GBP stands at “6”, and the NZD stands at “7”, meaning that the NZD is stronger than the GBP, thus only looking for BEARISH/SELL opportunities on this pair. NB: These reading fluctuate from time to time.

Our 1st SELL Limit is placed at white line labeled "Sell limit 1" (with a 1% risk position size)
Our 2nd SELL Limit is placed at white line labeled "Sell limit 2" (with a 1% risk position size), totaling a 2% risk, should both positions get filed.

Our final Take profit is placed at white line labeled "TP 1"
Our Stop Loss is placed at red line labeled "Stop Loss"

Chart Timeframe; H4

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