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 reversed from resistance zone
2019-11-11 • Updated
- GBP/NZD reversed from resistance zone
- Next sell target - 1.9200
GBP/NZD recently reversed down from the resistance zone lying between the two key resistance levels - 1.9740 (which stopped the previous minor correction wave 2 at the start of December, as can be seen below) and 1.9620 (top of the impulse wave 1 from March). GBP/NZD is expected fall toward the next ell target at next support level 1.9200 (which reversed earlier waves (a) and 2).
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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