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02.05.2023 GBPNZD Forecast

After forming a divergence, the market rebounded from the resistance zone.

The price is currently at a strong daily resistance level and is likely to pull back to the support level.

This is because the daily level was rejected and the upward trendline was broken.

I anticipate a market decline from the resistance zone towards the support level and a breakout of the ascending channel.

My target is the support level at around 2.0000.

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The post 02.05.2023 GBPNZD Forecast appeared first on Exness Global, Exness Indonesia, Exness Turkey, Exness South Korea, Exness Japan, Exness India, Exness Thailand, Exness South Africa.



This post first appeared on Free Trading Signals For Forex Traders, please read the originial post: here

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02.05.2023 GBPNZD Forecast

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