GBP/NZD intraday: the upside prevails as long as 2.0178 is support
Our pivot point stands at 2.0178.
Comment:
the RSI is above its neutrality area at 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 2.0242 and 2.0241).
Alternative scenario:
below 2.0178, expect 2.0081 and 2.0023.
Our preference:
the upside prevails as long as 2.0178 is support.