FxWirePro
Short

GBP/NZD hits new 11-month lows at 2.0417, targets 1&2 hit

FX:GBPNZD   British Pound/New Zealand Dollar
218 0 5
The pair has been trading a falling wedge and is extending downside along falling wedge top. No respite from bears for now.

Targets 1 and 2 on earlier call (link below achieved). Advise booking partial profits.

The pair now sees resistance at 2.0537 (5-DMA), ahead of 2.0632 (10-DMA) and 2.0850 ( Wedge top).

On the other side, supports are seen at 2.0248 (May 7th 2015 low), 2.0071 ( Apr             30th 2015 lows) and then 2.0050 (May 6th 2015 lows).
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out