GBP/NZD at important resistance ahead of Brexit

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.
Beyond Technical AnalysisbrexitForexGBPGBPNZDIDEATechnical IndicatorsNZDsetupsignaltradeideaTrend Analysis

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