We received a short signal on the GBP/NZD yesterday, on the D1 timeframe.
I think this is a great short move on GBPNZD with either a BREXIT Deal or No Deal. There might be a rapid spike up due to the volatility of GBP but this is a great setup for shorts.
What Others Are Predicting
BREAK 23.6 FIBO FOR SELLINGGBPNZD DAILY TIME FRAME SHORT IDEA Reason to short:
1.Red pressure line with strong bear signals;
2. The end of the weekly 5th wave;
3. Wide double head.
My Thoughts!
Price has reached a strong resistance level on the D1 timeframe.
Brexit may cause volatility and long continuation.
