Possible Continuation of GBPNZD short
British Pound/New Zealand Dollar FX:GBPNZD
price has broken below the moving Average (dynamic support) as well as the. I anticipate that price will fall to the underlying minor support before retracing to its ascending . Following this move i anticipate that the trade will proceed as expected. However, the trade setup will be invalidated if the price opens with a gap. If we open with a gap then i anticipate that the momentum will override the present technical setup.