04 Apr
GBPNZD Technical Analysis: Weekly Chart
In the weekly charts, GBPNZD was trading in an up channel.
It is trading below all SMA.
The immediate support is 1.8741 & the resistance level is at 1.9052.
GBPNZD was trading in the up channel before the breakout downside.
GBPNZD Technical Analysis: Daily Chart
In the daily charts, GBPNZD is trading in a down channel.
It is trading below all SMA.
The immediate support is 1.8845 & the resistance level is 1.8994.
GBPNZD is trading in the down channel until there is trend reversal .
How to Trade GBPNZD this Week:
GBPNZD will follow the downtrend until their trend reversal. So, remain bearish on GBPNZD.
