GBPNZD Detailed Trading Plans For Next Move(s)

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GBPNZD has rallied inline with the sideways trend apparent since about 15 May 2024.

This reflects strongly the mid term sentiment case, which does not show a huge deviation between the two.

Technical Bias - Price exists now at key price action levels for shorts with some signs of rejection.

Sentiment/Fund bias - Longer term outlook is short for GBP VS NZD. Current sentiment does not particularly favour a huge outlying long case for the pound over the NZD, supporting short bias. Sideways trend may also be sustained.

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ملاحظة

Likely Higher Level Resistance May Be Hit. Holding Off Shorts.

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ملاحظة

Short zones approach, still holding off.