Hello traders, we want to check the GBPNZD chart in the 4-hour time frame. The price is moving in an ascending channel and has reached a strong resistance level as well as the ceiling of the ascending channel. We expect this level to stop the upward trend of the price and cause the price to fall. Until the targets are determined. Good luck.
GBPNZD sell Entry : 2.03140
Stop : 2.05480 , Target1 : 2.00780 , Target2 : 1.98450
Risk/Reward Ratio : 2
GBPNZD sell Entry : 2.03140
Stop : 2.05480 , Target1 : 2.00780 , Target2 : 1.98450
Risk/Reward Ratio : 2
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.