• GBPNZD under bearish pressure
• Likely to fall to 1,9000
GBPNZD under bearish pressure after the earlier conclusive breakout of the key support 1.9110 (which has been reversing the price from the middle of July).
The breakout of the support 1.9110 continues the active downward impulse wave (iii), 3 and (C).
Given the clear daily downtrend – GBPNZD is likely to fall further toward the next round support level 1,9000 (former multi-month low from July).
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…
This website uses cookies