GBP/NZD intraday: the upside prevails as long as 2.0091 is support
Our pivot point stands at 2.0091.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 2.0145 and 2.0151).
Alternative scenario:
the downside breakout of 2.0091 would call for 1.9994 and 1.9937.
Our preference:
the upside prevails as long as 2.0091 is support.
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