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 analysing GBP/NZD for Tuesdayto Nov. 26, 2019



GBP/NZD intraday: the downside prevails as long as 2.0096 is resistance
Our pivot point is at 2.0096.

Our preference: the downside prevails as long as 2.0096 is resistance.

Alternative scenario: above 2.0096, look for 2.0192 and 2.0249.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 2.0055 and 2.0096).


Supports and resistances:

2.0249 **
2.0192 *
2.0096 **
2.0059
2.0016 last
1.9893
1.9836 **
1.9779 *
1.9722 **
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