The GBPNZD begins with new positivity – Analysis – 12-5-2021
Economies.com
2021-05-12 07:19AM UTC
The GBPNZD pair started today with new positivity due to breaching 1.9433 barrier, to notice recording many targets by reaching 1.9535.
The stability above 1.9440 that will form the additional support line and stochastic reach to the overbought areas allow us to suggest more bullish attempts, to target 1.9630 followed by reaching the main barrier at 1.9745.
The expected trading range for today is between 1.9440 and 1.9630
The expected trend for today: Bullish
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