GBP/NZD reversed from support zone

Read the article on FBS website
  • GBP/NZD reversed from support zone
  • Next buy targets - 1.9620 and 1.9740

GBP/NZD continues to rise after the earlier upward reversal from the support zone lying between the support level 1.9300 and the 50% Fibonacci correction of the previous upward impulse wave 1 from June. The upward reversal from this support zone started the active minor impulse wave 3. GBP/NZD is expected to rise further toward the next buy targets at the next resistance levels 1.9620 and 1.9740.

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.