GBP/NZD intraday: as long as 1.9883 is support look for 2.0145
Our pivot point is at 1.9883.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is above its 20 and 50 MAs (respectively at 1.9949 and 1.9910).
Alternative scenario:
below 1.9883, expect 1.9787 and 1.9730.
Our preference:
as long as 1.9883 is support look for 2.0145.