– GBPNZD broke key support level 2.0290
– Likely to fall to support level 2.0000
GBPNZD currency pair recently broke the key support level 2.0290 (which has been reversing the price from the middle of June).
The breakout of the support level 2.0290 coincided with the breakout of the 50% Fibonacci correction of the upward impulse from April.
Given the strongly bearish sterling sentiment, GBPNZD can be expected to fall further to the next round support level 2.0000.
This week, we’re tracking the US Dollar’s powerful climb following Trump's victory, hitting a crucial…
Next week, several countries including Canada, the UK, and Japan will release their estimates of…
Investors have been selling off gold, with this week's drop being the largest in three…
The Hang Seng Index has fallen 20% from its peak, marking the start of a…
The S&P500 reached the 6000 mark but faced resistance due to fatigue and dollar appreciation.…
The crypto market has continued to cool down for the third day, with a 1.7%…
This website uses cookies