GBPNZD: We could see a rejection at resistance once more

GBPNZD is range bound currently, and this latest moves continues the narrative of it. Right now, it's approaching a major resistance, where each touch here has showed good rejection.
My target would be toward 2.25230, an achievable target.
Though a scenario for more upside is possible and can happen just as much. But, I would take the side for more downside in this particular case.
Let me know in the comments what you think:
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
My target would be toward 2.25230, an achievable target.
Though a scenario for more upside is possible and can happen just as much. But, I would take the side for more downside in this particular case.
Let me know in the comments what you think:
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Stop loss reached. Frequent rebounds from a level tend to weaken it, increasing the probability of a breakout.Free Telegram Signals: t.me/addlist/MLJjjTl2V-M1OTc8
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Free Telegram Signals: t.me/addlist/MLJjjTl2V-M1OTc8
👉Get 20% Deposit BONUS - bit.ly/trenddiva
👉Get 20% Deposit BONUS - bit.ly/trenddiva
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.