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the pair is still far from achieving a trend in the bigger picture, though EUR/GBP’s recent progress certainly put it in the right direction. This is because the dominant downtrend since January is still on hold as prices consolidate between resistance and support with the latter being above 0.8472.
Pivot points
Support level one 1.9378
Support level two 1.9339
Support level three 1.9268
Resistance level one 1.9485
Resistance level two 1.9557
Resistance level three 1.9596
Great brittian pound was nuziland doller is at risky stage for trading at that time. Because nzd is at mixxed dituation to move up or move down. So no one can able to suggest that whats happend at next stage. So my oppionion is that to kept him away from it and doing trading freely.
Analysis of GBP/NZD
Trend is Sell
Resistance Level 1: 1.9440
Resistance Level 2: 1.9454
Resistance Level 3: 1.9468
Pivot Point: 1.9426
Supporting Level 1: 1.9412
Supporting Level 2: 1.9397
Supporting Level 3: 1.9383
Market Analysis
GBPNZD
Trend is Bullish
PIVOT 1.9448
R 1. 1.9492
R 2. 1.9574
R 3. 1.9618
S 1. 1.9366
S 2. 1.9322
S 3. 1.9240
GBPNZD
Trend is Bullish
PIVOT 1.9448
R 1. 1.9492
R 2. 1.9574
R 3. 1.9618
S 1. 1.9366
S 2. 1.9322
S 3. 1.9240
After breaking resistance level 2.3758, at this moment this pair is also about to flet movement. If it happens, then GBPNZD will be treded between level 2.3830-2.3755. Otherwise, it will run down under the pressure of bears to the support level 2.3576.
As expected, the courts have failed on the upper limit of the range to JPY 135.5 then rally support for 132 . Despite lower shadows (wicks) under 132 , no fence is made below, which reinforces the veracity of this level and the fact that buyers are in this price area. In other words, as long as the recent lows at 131.25 will not be crossed, a return to the upper limit of the range is possible . Conversely exceeded the latter would lead the pair to its lowest annual.
Today Analysis GBPNZD
Market Trend BEARISH
Pivot Point 1.9432
S 1 1.9364
S 2 1.9323
S 3 1.9255
R 1 1.9474
R 2 1.9542
R 3 1.9583
In the late opening of today the price came above the Trendline marker and leads the market to a upward orientation and for the price to commence rising to test the cutting-edge resistance stages at 2.1005 as the next mark move. On the other way the bullish direction