The GBPNZD prepares for strong decline – Analysis – 19-7-2019

2019-07-19 08:20:28 GMT (

The GBPNZD pair reinforced the negative domination by exiting the bearish channel, to notice the stability below 1.8525 support line, attempting to hold within new negative range as appears on the chart.


Gathering additional negative momentum allows us to expect declining towards 1.8365 level direct, to form the first target for the near term trading followed by extending trading towards the main target at 1.8141.


The expected trading range for today is between 1.8510 and 1.8365


The expected trend for today: Bearish

More Analysis

Risk Disclaimer : Enzious Limited would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore Enzious Limited does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.