GBP/USD: 'V-Bottom' pushing price higher
We've got a 'Pennant', so the pair is likely going to reach the nearest resistance at 1.3216 - 1.3257. A pullback from this area could be...
GBP/NZD reversed from resistance zone
- GBP/NZD reversed from resistance zone
- Next sell target - 1.9230
GBP/NZD recently reversed down from the resistance zone lying between the resistance levels 1.9620 and 1.9740. This resistance zone was further strengthened by the upper daily Bollinger Band. GBP/NZD is expected to fall further toward the next sell target at the next support level 1.9380 – the breakout of which can lead to further losses toward 1.9230 (low of wave (ii)).
Dmitry Chernovolov
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