Paying attention to the Weekly Chart of the pair, the indicator shows that the price is far above the Kumo. The Stochastic volume level confirms that the price movement tends to go up. The last candle indicates that the price moves around 2.04000 and 2.09200. Based on the last candle indicator, it can be predicted that the price of the pair on the 1st of April will hit or touch 2.0994
Блог fxofnibiz
GBPNZD shall be uptrending
The uptrend of the pair started in April. In order to help forecasting the closing price of the pair on the 1st of November, I use Channel Down 66% Jan and Stochastic indicator (14, 3, 3). When the chart was taken, the price is about to cross 80 line. The price of the pair will hit or touch 2.0121