Friday Market Analysis: GBP/NZD

Hello Traders,

let’s hit them charts:

1. GBP/NZD

GBP/NZD is looking good

Sellers are looking worn out as they chill lazily on a key support zone for the second day in a row. Price is above the 200 ma, and stochastic is oversold.

All we need to do now is wait for the close of the daily candlestick. If the close gives us a bullish confirmation, then we join the buyers and see if we can harvest 70 to 140 pips before the close of the market on Friday 

What say you?

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