Short GBP/NZD

15 thg 1, 2023

Hello Traders, so for this week on the pair GBP/NZD. I will be shorting this pair. We are overall in a downtrend, so for now I won't fight against the trend. The pair has come to a point of resistance which is where I will enter. Another reason for entering is we have a bearish engulfing candlestick on the 4hr time frame. With this pair, it's usually a sign for more continuation to the downside.