Welcome back! Here's an analysis of this pair!
** Just a quick update on GBPNZD - it rejected at previous monthly highs (2.0050-70) where we expected selling pressure to come in, however we may see the price come back up during NY Session.
We recommend not risking more than 2% of your entire account balance and use your risk wisely. Banks may push the price to take out liquidity and turn it around. You'll notice the high from June 21, 2001 which was due to an economic event, but we doubt the market will re-test this far up. Only risk what you can afford to lose! Big sell coming soon (in our opinion).
How are you trading GBPNZD? Let us know in the comments!
COMMENT, LIKE, and FOLLOW for more! :)
Brian & Kenya Horton, BK Forex Academy
GBPNZD previous analysis
www.tradingview.com/...-from-Monthly-Highs/
** Just a quick update on GBPNZD - it rejected at previous monthly highs (2.0050-70) where we expected selling pressure to come in, however we may see the price come back up during NY Session.
We recommend not risking more than 2% of your entire account balance and use your risk wisely. Banks may push the price to take out liquidity and turn it around. You'll notice the high from June 21, 2001 which was due to an economic event, but we doubt the market will re-test this far up. Only risk what you can afford to lose! Big sell coming soon (in our opinion).
How are you trading GBPNZD? Let us know in the comments!
COMMENT, LIKE, and FOLLOW for more! :)
Brian & Kenya Horton, BK Forex Academy
GBPNZD previous analysis
www.tradingview.com/...-from-Monthly-Highs/
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bit.ly/3KvYQbf
✅ TELEGRAM:
t.me/briankenyahorton
✅ YOUTUBE:
bit.ly/3oX4xF4
✅ INSTAGRAM:
bit.ly/3oV2a5D
✅ LEARN OUR STRATEGIES:
bit.ly/3KvYQbf