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Gbp/nzd

Posted on the 20 September 2019 by Merks50

GBP/NZD intraday: as long as 1.9867 is support look for 2.0136
Our pivot point is at 1.9867.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 1.9950 and 1.9879).
Alternative scenario:
below 1.9867, expect 1.9771 and 1.9714.
Our preference:
as long as 1.9867 is support look for 2.0136.