GBPNZD 4H Short based on Head and Shoulders & Flipzone

7 בנוב׳ 2022

The neck line has been broken and has begun it's descent.

However there is the potential for a pullback to occur to the 1.967/1.957 area based on Fib levels 50.0 and 61.8.

There is a forecast negative report on GBP growth this week which can contribute toward the continued downward movement.