Market Instrument: GBPNZD
Timeframe: Weekly
Analysis: Technical
Structure: Weekly Support and Retracement
Prediction: Bullish
GBPNZD is on a major support level on the weekly timeframe where this place created a good buying pressure or interest previously which supported this pair for a considerable amount of growth during each bullish run formed by this support. Expecting history to repeat itself on this support for another decent bullish reversal.
Timeframe: Weekly
Analysis: Technical
Structure: Weekly Support and Retracement
Prediction: Bullish
GBPNZD is on a major support level on the weekly timeframe where this place created a good buying pressure or interest previously which supported this pair for a considerable amount of growth during each bullish run formed by this support. Expecting history to repeat itself on this support for another decent bullish reversal.