| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
The British Pound has been appreciating against the New Zealand Dollar since the middle of April, when the exchange rate reversed from the Fibonacci 38.20% retracement at 1.9298.
Currently, the rate is trying to surpass the Fibonacci 23.60% retracement at the 1.9749 mark. If the given resistance does not hold, it is likely, that some upside potential could prevail in the market, and the rate could reach the psychological level at 2.0000.
Otherwise, it is expected, that a reversal south could occur within the following trading sessions, an the currency pair could re-test the lower boundary of the long-term ascending channel located circa 1.9350.