30 Mar 2020
GBP/NZD 1H Chart: Medium-term channel in sight
Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇗ [ANNOUNCE] The GBP/NZD currency pair has been trading within the ascending channel since the end of January. [/ANNOUNCE] From a theoretical perspective, it is likely that the British Pound could continue to appreciate gradually against the New Zealand Dollar within the given trend in the medium term. In this case the exchange rate could