GBP/NZD still bullish as the price is slow

Nenad Kerkez Top-XE

The GBP/NZD is still bullish and today we could see a breakout.

1.9480 is the breakout point of the bullish pattern where we might expect a continuation move. Yesterday, the market was slower but today we see another attempt for bulls to push the price further up. We can expect a bullish continuation move if the price closes above 1.9526 on a daily basis. The target is 1.9665.

The analysis has been done with the CAMMACD.Core System.

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Author

Nenad Kerkez

Top-XE

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