Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
GBP/NZD broke key resistance level 1.9620
2019-11-11 • Updated
- 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).
GBP/USD has managed to rise for the third trading day in a row including today’s Asian session, while the daily technical indicators are moving higher gradually.
Discover the outlook for EUR/USD, EUR/GBP, and GBP/USD.
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