Klimex

GBPNZD Approaching Resistance, Potential Reversal

Short
FX:GBPNZD   British Pound / New Zealand Dollar
GBPNZD is approaching its resistance at 1.8677 (23.6% & 61.8% Fibonacci retracement, horizontal pullback resistance) where it could potentially reverse to its support at 1.8468 (38.2% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is testing its resistance at 93% where a corresponding reversal could occur.
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