GBPNZD – Waiting for a breakout of the bottom of the range

The GBPNZD is trading in a very clear bearish market condition (around historical lows) and I’d like to see it breaking the lower extreme of the range in order to start looking for short opportunities:

If it breaks the level down, I’ll keep looking for short opportunities as long as it keeps trading below the level.

Trade Safe!

Raul Lopez
Forex Course

GBPNZD Analysis


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 .