GBPNZD Chart Technical Outlook is looking for a direction below 2.1270
The Pound’s recovery from late August lows has stalled this week. The pair broke above the descending wedge but stalled between the 50 and 100 SMAS with the RSI wavering around 50. It needs a fresh catalyst to extend its recovery.
Resistances are at 2.12 60 and 2.1345. Supports are 2.1115 and 2.0990.
