•GBP/ NZD rose on Monday as optimism Brexit deal was still possible before year-end lifted the pair.
•GBP/ NZD glommed onto the rally, despite Brexit angst and unease about record COVID-19 cases and new pandemic restrictions.
•At GMT 20:00, the pair was last trading at 1.9552, after hitting daily high at 1. 9570.
•GBP/ NZD bulls look set to break resistance at 1. 9570(38.2% fib).Break of that resistance could lead to test of 1.9668 resistance(Higher BB).
• Support is seen at 1.9448 (11DMA) and break below could take the pair towards 1.9345 (23.6%fib).
Recommendation: Good to buy around 1. 9520, with stop loss of 1. 9320 and target price of 1. 9640
