THE TO AND FRO GBP/NZD

2020-02-12 13:35:11

First of all, the GBP/NZD has obvious tendencies to fluctuate around the price at 1.95265 making it act like a support level and resistance level at the same time.
There are two resistance level, the weak resistance level at 2.00121 and the strong resistance level at 2.04680 and also a general support level at 1.83351.
I predict the trend to form a bear and hits the price at 1.95625 and bounce back up OR it goes straight down to the support level.

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