GBPNZD – Clearest pair today

Probably the best thing to do today (and tomorrow) would be to stay on the sidelines because of the uncertainty with Greece rollover plan. And that is exactly what I’m going to do, wait until Monday and reassess each currency pair analysis when the turbulence is over. Just so you know, one of the crosses that I’ve been monitoring and I’m very comfortable with is the GBPNZD, it is trading in a very clear bearish condition (its trading around historical lows) and it is likely to continue its way down:

As long as the GBPNZD trades below 1.9440, I would feel comfortable trading on the short side.

Trade Safe!

Raul Lopez
Free Forex Coaching

Tags:


Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .

  • Raul Lopez

    Did anyone get in here?