Our pivot point stands at 2.0892.
Our preference
The upside prevails as long as 2.0892 is support.
Alternative scenario
Below 2.0892, expect 2.0858 and 2.0838.
Comment
The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 2.0913 and 2.0906). Finally, the GBP/NZD has crossed above its upper Bollinger band (2.0931).
Supports and resistances
2.1035 **
2.1014 *
2.0994 **
2.0974
2.0932 last
2.0906
2.0892 **
2.0858 *
2.0838 **
Number of asterisks represents the strength of support and resistance levels.


