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GBP/NZD breaks key support at 2.15 mark, more downside likely

  • Pair is currently trading at 2.1255 levels.
     
  • It made intraday high at 2.1568 and low at 2.1224 levels.
     
  • Today pair breaks key support level at 2.15 marks and trading below 2.13 levels.
     
  • On the downside, key support levels are falls at 2.0917 levels.
     
  • Alternatively, a daily close above 2.15 levels will turn the bias bullish again.

We prefer to take short position in GBP/NZD around 2.13 levels, stop loss 2.15 and target 2.0951 levels.

  • Market Data
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