28.10.2020
The currency pair is trading in the range of the lower border of the ascending price channel. Awesome Oscillator indicates a bullish divergence, while the moving averages of Stochastic Oscillator have left the oversold zone. The descending pattern is truncated.
GBPNZD rate online: monitor the price movement in real time.
Trading recommendations:
Buy when an ascending wave pattern is formed above 1.9468.
Stop Loss under the round important level of 1.9400.
Target levels: 1.9550; 1.9650; 1.9750.
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