GBPNZD Chart Technical Outlook hits 261.8%, starts the correction higher
The cross started an upside reversal close to the 261.8% extension level of 2.0391. Although this offers a mild intraday bullish bias, we look for the rally to be limited. Bespoke resistance is located at 2.0790. With a limited diary, I would expect intraday price action to continue to be mixed and volatile.
