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GBPNZD - Resistance level

British Pound / New Zealand Dollar (FX:GBPNZD)  
UGTraders  
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Chart Patterns Wave Analysis GBPNZD forexsignals
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trendanalysis chartpattern waveanalysis gbpnzd forexsignals
Hello my dear friends,

Currently GBPNZD stands in front of a resistance level with weak bearish momentum which suggest that we will see a breakout very soon.

Buy market @ 1.99946
Stop-loss @ 1.98541

Target 1 : 2.01875 -- R/R ratio: 1.37
Target 2 : 2.04128 -- R/R ratio: 2.98

Good luck!
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