FxWirePro
Short

GBP/NZD breaks major trend line support, targets 2.000

FX:GBPNZD   British Pound/New Zealand Dollar
183 0 7
Major Support: 2.110 ( trend line joining 2.0400 and 2.1107)

GBP/NZD breaks below trend line resistance today morning and declined till 2.1072. It is currently trading around 2.11036.

Minor trend reversal only above 2.1300 level.

On the higher side the pair might be facing minor resistance at 2.1230 (2H Kijun-Sen) and any break above targets 2.1300/2.1500.

Any break below trend line support confirms minor trend reversal, a decline till 2.090/2.060/2.000.

Overall bearish invalidation only above 2.2000.

It is good to sell on rallies 2.1150 with SL around 2. 1320             for the TP of 2.0650/2
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out