Gbp/nzd

GBP/NZD

GBP/NZD intraday: the downside prevails as long as 2.0231 is resistance
Our pivot point stands at 2.0231.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 2.0163 and 2.0169).
Alternative scenario:
the upside breakout of 2.0231, would call for 2.0327 and 2.0385.
Our preference:
the downside prevails as long as 2.0231 is resistance.