GBP/NZD Trading Analysis (16/07/2025)
The trend is descending. The currency pair is trading within the 365-135 EMA range. The upward wave structures are truncated. There is a bearish divergence on the Awesome Oscillator and a signal of an overbought condition on the Stochastic Oscillator.
Trade idea:
- Sell when the descending wave structure forms and …