GBP/NZD broke key resistance level 1.9620

GBP/NZD broke key resistance level 1.9620

  • GBP/NZD broke key resistance level 1.9620
  • Next buy target - 1.9850

GBP/NZD recently broke the key resistance level 1.9620 (which stopped the previous minor impulse wave 1 in the middle of March, as can be seen below). The breakout of the resistance level 1.9620 should accelerate the active minor impulse wave 3 from the start of April. GBP/NZD is expected rise toward the next buy target at next resistance level 1.9850 (multi-month high from last December).


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GBP/CAD is insatiable

GBP/CAD has broken above the ascending triangle, which is now providing support in the 1.7100/1.7060 area.

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