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GBP/NZD at important resistance ahead of Brexit

Kort
Brittiska pund/Nyzeeländska dollar (FX:GBPNZD)  
MujkanovicFX  
FX:GBPNZD   Brittiska pund/Nyzeeländska dollar
Trend Analysis Technical Indicators Beyond Technical Analysis GBP NZD GBPNZD brexit Forex signal tradeidea setup IDEA
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trendanalysis indicator beyondta gbp nzd gbpnzd brexit forex signal tradeidea setup idea
Similar to GBP/AUD, the GBP/NZD pair is at an important resistance zone and today's candle already shows increased selling pressure.

The pinbar pattern of Friday is a sign that the pair could have difficulties to break above the 2.00 level in a new attempt. The level is also an important psychological resistance.

Notice the hidden bearish divergence in the RSI.

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