The GBPNZD keeps the negativity – Analysis – 21-1-2021
Economies.com
2021-01-21 06:29AM UTC
The GBPNZD pair confirmed its affection by the domination of the bearish bias by bouncing negatively from the moving average 55 at 1.9215, to notice recording the first negative targets at 1.9000, noting that the price consolidation within the bearish channel and stochastic negative momentum signals allow us to continue suggesting the negative trades until reaching 1.8835 followed by pressing on 1.8627 support line.
The expected trading range for today is between 1.9070 and 1.8835
The expected trend for today: Bearish
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