GBP/NZD Weekly Outlook 27/1/2020 to 31/1/2020

2020-01-26 17:43:59

Forex Weekly Outlook 27/1/2020 to 31/1/2020
Pair : GBP/NZD

Weekly - Double Bottom & Top chart pattern with potential of
Inverse Head & Shoulders pattern in the making.
Possibility B/O from the flag

Daily - Graph close at minor RBS area. Potential bearish continuation until
lower trendline. Break or bounce scenario at the uptrend channel

H4 - Wait for Break or Bounce Scenario at the lower trendline.
If B/O uptrend channel, potential big bearish movement to
the next support area. If reject the lower trendline, big upward movement
to the upper trendline as well

To do : Wait for price to develop on Monday

Gambate!!