Technical Analysis – GBPNZD holds its positive picture despite some easing in its ascent
Posted on November 12, 2019 at 3:12 pm GMTGBPNZD looks to be in the process of pushing higher to re-test the fresh multi-year high of 2.0557. The pair seems to have taken a breather consolidating along the 2.0020 level. The short-term oscillators reflect a pause in the market but imply some improvement in positive momentum. The RSI is pointing up mid-way in the bullish territory. Additionally, the MACD, although currently below its red trigger line in the positive zone, is looking to climb back above it. Moreover, the [..]