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 support zone
2019-11-11 • Updated
- GBP/NZD reversed from support zone
- Next buy target - 1.9650
GBP/NZD recently reversed up from the support zone lying between the pivotal support level 1.9360 (former strong resistance level from February and January) and the 38.2% Fibonacci correction of the previous sharp upward impulse from the start of March. GBP/NZD is expected to rise further toward the next buy target at the next resistance level 1.9650 (top of wave 3).
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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