GBPNZD: Consolidation & Indecision

30 Kas 2022

GBPNZD is consolidating within a narrow horizontal trading range on a daily.
After a sharp bearish impulse, the market is coiling for the entire month.

To catch the next bearish wave, watch 1.9125 - 1.92 horizontal support.
Wait for its bearish breakout (1h candle close below that).
Sell aggressively or on a retest, then.

Next support will be 1.889

Be patient and wait for a breakout.

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