Gbp/nzd

GBP/NZD intraday: above its upper Bollinger band
Our pivot point stands at 1.9220.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 1.9218 and 1.9219). Finally, the GBP/NZD is trading above its upper Bollinger band (standing at 1.9289).
Alternative scenario:
the downside breakout of 1.9220 would call for 1.9128 and 1.9073.
Our preference:
the upside prevails as long as 1.9220 is support.