GBPNZD: Bearish Move May Continue
The GBPNZD broke through and closed below a short-term horizontal support level, which has now become a resistance level.
Given that the pair is currently in a downward trend, it is likely that we will see further bearish movement towards lower levels of support.
Selling targets are set at 2.0799 and 2.0706.
Given that the pair is currently in a downward trend, it is likely that we will see further bearish movement towards lower levels of support.
Selling targets are set at 2.0799 and 2.0706.
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