Gbp/nzd

Posted on the 07 November 2019 by Merks50
GBP/NZD intraday: the upside prevails as long as 2.0141 is support
Our pivot point stands at 2.0141.
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 above its 20 and 50 MAs (respectively at 2.0206 and 2.0203).
Alternative scenario:
below 2.0141, expect 2.0044 and 1.9986.
Our preference:
the upside prevails as long as 2.0141 is support.

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