The GBPNZD pair resumed its correctional bearish attack to notice its stability below 1.9440 level recently, suffering big losses by reaching 1.9255.
We expect 1.9940 level to form additional barrier and get negative momentum by stochastic, to continue forming negative trades that target 1.9185 level soon, followed by reaching the additional support 1.9080 as a main target for the bearish correctional trades.
The expected trading range for today is between 1.9360 and 1.9185
The expected trend for today: Bearish