Watch for a breakout from consolidation
GBPNZD has been rangebound in a tight consolidation right above the Daily 200 SMA since the beginning of the month and is starting to look like it is ready to break out. In the event of a bullish break, the first target would be where the Weekly R2 meets the Daily 100 SMA @ 1.963. Support then becomes the Weekly Pivot at the center of the range. If for any reason we end up seeing a break to the downside, the target would be the Monthly S1 @ 1.929
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.