Clear downward movement of Gbpnzd

5 de mai. de 2020

In the chart pattern, Nzd is gaining ground to movement more than Gbp, we know that commodity currency has being doing well compared to what was expected of it do , in the sense of being weak.Moving with the trendline, the GbpNzd is aheading to a downward slope on the trendline having touched a resistant last week, the market mover has held it since last week i believe theire have gotten enough buy, to take it down.the next support is over 250 pips which will takes us all through out the next 2 days starting today..
Kindly do your own analysis its just an idea