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British Pound / New Zealand Dollar
Long

GBPNZD Testing Support, Potential Bounce

By ICmarkets
Broker
GBPNZD is testing its support at 1.9990 (100% Fibonacci extension , 50% Fibonacci retracement , horizontal overlap support) where it could potentially bounce to its resistance at 2.0193 (100% Fibonacci extension, 50% Fibonacci retracement and horizontal pullback resistance). Stochastic (55, 5, 3) is approaching its support at 5.8% where a corresponding bounce could occur.
audCADChart PatternschfEURGBPGBPNZDHarmonic PatternsjpyNZDTrend Analysis
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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