Monday, May 06, 2024

GBPNZD has Re-entered into the descending triangle which leads to -800 Points
1 mins well spent

GBPNZD Analysis:

GBPNZD has broken the top area of the descending triangle in the 1-hour timeframe chart.

After the confirmation of the Upward movement at the retest area, the GBPNZD Buy signal is given.

GBPNZD Update:

GBPNZD Re entering into descending Triangle
GBPNZD Re entering into descending Triangle

GBPNZD has re entered into the Descending Triangle which leads to the SL price – GBPNZD is highly volatile and ranging at this time. Pound is making a correction now before moving in it’s direction.


Don’t trade all the time, trade forex only at the confirmed trade setups.

Get more confirmed trade setups here: forexgdp.com/buy/

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