GBP/NZD intraday: as long as 1.9751 is support look for 1.9941

Our pivot point is at 1.9751.

Our preference: as long as 1.9751 is support look for 1.9941.

Alternative scenario: below 1.9751, expect 1.9682 and 1.9641.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading under its 20 period moving average (1.9836) but above its 50 period moving average (1.9769).

Supports and resistances:

2.0023 **

1.9982 *

1.9941 **

1.9900

1.9814 last

1.9778

1.9751 **

1.9682 *

1.9641 **

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 04-04-2023 at 21:56 UTC+1

Price reference: 1.9814 last known on 04-04-2023 at 21:56 UTC+1

Investment horizon: INTRADAY