RWA says NZD/GBP trend may have run out of steam? - Technical Analysis IG Live 23.04.2014
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Ron William, founder at RWA Market Advisory, tells IG that the recent move in GBP is becoming pressured. Ron explains that the rise we have seen has developed into a top performing trend for NZD/GBP, but that trade is now showing signs of unwinding, the question is to what degree? Ron points to a key Fibonacci support at 0.4720.
The comments in this video do not constitute investment advice and IG accepts no responsibility for any use that may be made of them.
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