Hi traders.

Here we have an interesting setup in GBP/NZD.

The pair has completed a pullback to a daily support zone and is forming a indecisive doji candlestick in today's trade.

The level aligns with the 38.2% Fib level, and the daily RSI shows a hidden bullish divergence.

Zooming-in to the 4-hour chart, we get a nice bullish wedge pattern with the price retracing at the lower wedge support.

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Closed at 2.03
Beyond Technical AnalysisbrexitChart PatternsfedForexfxGBPGBPNZDLONGNZDsignalsTrend Analysis

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