GBP/NZD is in Uptrend on a Daily Time Frame
July 21, 2021
1 min read
Dear traders,
The GBP/NZD is at the support. Market is making 1-2-3 pattern as the price is supported at the M L3 level.
An upper trend line is adding to the confluence of uptrend technicals. 1.9700 is support and we might see the price above the support as its bullish. A bounce off the trend line is aiming for 1.9790 and possibly more. 1.9900 and 2.00 if the market keeps on bullish momentum. This is a daily time frame.
The Analysis has been done with the Black Widow system.
Good trading,
Nenad Kerkez
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