The GBPNZD repeats the positive closings – Analysis – 4-3-2021

Economies.com
2021-03-04 06:19AM UTC

No change to the GBPNZD pair’s bullish track that keeps providing positive closings above 1.9115 support line, in addition to the rally above the moving average 55 recently.

 

Stochastic provides the positive momentum now, allowing us to expect the beginning of forming strong bullish trades to target 1.9355 followed by reaching 1.9530 in the upcoming period.

 

The expected trading range for today is between 1.9160 and 1.9355

 

The expected trend for today: Bullish

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