The currency pair British Pound to New Zealand Dollar GBP/NZD is trading at the level of 1.7884. The pair continues to trade above the upper boundary of the Ichimoku Cloud, indicating that there is an upward trend in the pair Pound New Zealand Dollar. The test of the upper boundary of the Ichimoku Cloud near the level of 1.7810 is expected, from which one should expect an attempt of growth and development of the bullish tendency for the pair with the purpose of growth near the level of 1.8030.
Ichimoku GBP/NZD Prediction on April 4, 2017
Previously, a strong signal was received for purchases of the Pound New Zealand Dollar pair, due to the intersection of the signal lines at the level of 1.7800. Cancellation of the growth option will be a breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotes below the area of 1.7690, which will indicate a shift in the upward trend in favor of a downward trend. Expect to accelerate the growth of quotations GBP/NZD is with the breakdown of the local maximum area at 1.7950.
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