GBPNZD - Looking at these price levels

PAIR IN FOCUS: GBPNZD
ACTION: SHORT
HORIZON: SHORT TO MEDIUM-TERM

Price has broken down from consolidation in the past week, and the bearish momentum may continue in the coming week. Ideally looking for a retracement, retest and rejection in the Entry Zone before the next bearish leg. Watch out for bearish price action in the EZ before any entry.

The TP levels are downside price levels to look out for. Expect a retracement at some point, therefore, manage your risk!

Feel free to discuss and comment, Cheers!

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