GBPNZD: Clash Between Pound & Dollar; WHO WILL STAY?




On a daily time frame, GBPNZD may have to struggle to clear the 1.94940, if the broken happen the 1.93724 will be the next target for the price range.

In case, price range continues to decline after the 1.93724, the 1.93000, 1.91800, 1.91400, are the entertaining zone for Sellers.
On the contrary, the pair’s pullback action from the current trend likely to highlight the 1.96400, 1.97000 & 1.98300. Additionally, the run after 1.98300 might tend the whole number magnet reaction this flux could easily fetch the 2.00000-2.00302.

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Happy trading.

30 Oct 2018 11:45 am Posted by tamilforex

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