GBPNZD support becomes resistance
It looks like the price has now tested this previously broken support level twice now, this looks like this level is acting as a level of resistance now. This now looks like the price may move down from here as the price has been rejected by the resistance level multiple times, the RSI is currently also in a position that favours a move down from here, it is below the 50 mark meaning it is in a great position for a bearish move here. GBP has also been struggling to hold its ground against most currency pairs after the announcement by Mark Carney, which stated that a no deal Brexit is very likely and highly undesirable, this could send have negative effects on both the EUR and GBP
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