GBP/NZD intraday: as long as 1.9732 is support look for 1.9935

Our pivot point is at 1.9732.

Our preference: as long as 1.9732 is support look for 1.9935.

Alternative scenario: below 1.9732, expect 1.9657 and 1.9613.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.9794 and 1.9792).

Supports and resistances:

2.0023 **

1.9979 *

1.9935 **

1.9891

1.9801 last

1.9761

1.9732 **

1.9657 *

1.9613 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 03-30-2023 at 19:46 UTC+1

Price reference: 1.9801 last known on 03-30-2023 at 19:46 UTC+1

Investment horizon: INTRADAY