GBPNZD Chart Technical Outlook rejects 2.0800, dips to be bought. We are seeing a rejection of the 2. 0800 barriers (we have mentioned in earlier reports) in the early morning trade.
We are forming a Butterfly pattern that will complete close to 2.1019.
We are now assessed as being within the BC leg of this formation. Bespoke support is located at 2.0652. It should be noted that the BC leg could extend towards 2.0500