Note: This section contains information in English only.The Pound entered in a channel down pattern against the New Zealand Dollar on May 31. At the moment the currency exchange rate is at 2.0799 and is close to reaching the upper trend-line at 2.0850. Its movement is also supported by the first daily support at 2.0762, which is just below the current price. However, if the pair does break out of the pattern by crossing the upper trend-line it will move to the daily pivot point at 2.0983. Aggregate technical indicators forecast no change in the upcoming hour. However, the indicator predicts a decrease of the exchange rate in the next 4 hours.
Mon, 06 Jun 2016 14:21:05 GMT
Source: Dukascopy Bank SA