The GBPNZD pair repeated the fluctuate below 1.9585 resistance, to notice forming new negative trades and touch 1.9465 level, noting that stochastic towards 20 level will increase the chances of gathering the additional negative momentum, to confirm the continuation of the negativity and keep waiting to reach the negative stations at 1.9425 and 1.9390 levels, to face the moving average 55.
The expected trading range for today is between 1.9505 and 1.9425
The expected trend for today: Bearish