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GBPNZD is facing bullish pressure | 24 Mar 2021

Long
British Pound / New Zealand Dollar (FX:GBPNZD)  
FXCM Broker  
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Harmonic Patterns Chart Patterns GBP NZD gbpnzdlong
23
10
trendanalysis harmonicpatterns chartpattern gbp nzd gbpnzdlong
Prices are facing bullish pressure from pivot level which is in line with 50% Fibonacci retracement and 100% Fibonacci extension. Prices might push up towards 1st support which is in line with -27.2% Fibonacci retracement and 127.2% Fibonacci extension. If prices fall through pivot level, prices might take support on 1st support which is in line with 38.2% Fibonacci retracement level. Ichimoku cloud is also below prices, showing a bullish pressure for prices.
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