Wednesday, September 15, 2021 11:13 AM EDT
The GBP/NZD is still bullish and today we could see a breakout.
1.9480 is the breakout point of the bullish pattern where we might expect a continuation move. Yesterday, the market was slower but today we see another attempt for bulls to push the price further up. We can expect a bullish continuation move if the price closes above 1.9526 on a daily basis. The target is 1.9665.
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Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. On average around 80% of retail investor accounts loose money when trading with high leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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