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GBP/NZD Uptrend Intact

Admirals

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The GBP/NZD has almost closed the retail gap with a slow grind towards D L3 that stands in a confluence with the gap. At this point the price is getting close to the POC zone 1.8685-1.8705 (D L3, Retail gap close, 78.6, bullish order blocks, ATR pivot). As long as 1.8608 support holds we might see a rejection towards 1.8870 ATR/D H4 confluence. Only above 1.8880 the price might go for a full retest of 1.8969.

Admiral Markets Review

Source: https://admiralmarkets.com/analytics/technical-analysis/gbp-nzd-uptrend-intact
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