GBPNZD is facing bearish pressure | 07 May 2021
Prices are facing pressure from our short-term descending trendline resistance, horizontal swing high resistance as well as 100% and 61.8% . Prices might push down towards horizontal swing low support and our 2nd target can be the area of 78.6% as well as -27.2% . If prices push up further, prices might face resistance from 50% and 161.8% . is also above prices, showing a pressure for prices.