GBPNZD. risky buy

2020-02-07 02:23:06

currently GBP is so weak . however NZD has a long term weakness and this is a buy zone. it seems like it is kinda broken to the down side so i would suggest if the weekly end doesnt reject this area, GBP in general will have a real hard time.

there is some sort of head and 2 shoulders pressure on the down trend that is driving it down. it seems like we are on the 2nd shoulder. if it goes up it will go up hard i think!

write in the comments what do you think about this pair! i appreciate your interactions!

good luck !