Fri, 13 Jan 2017 14:07:12 GMT
GBP/NZD 4H Chart: Channel Down
The Pound is depreciating against the New Zealand Dollar in a descending channel. The channel is a result of the rate meeting with the upper trend line of a large scale descending channel. At the moment, the rate is set to decline until the 2016 low level of 1.6708, where it is bound to find some support. However, the support