Our pivot point is at 2.3572.
Our preference: The downside prevails as long as 2.3572 is resistance, with 2.3478 and 2.3456 as targets
Alternative scenario: above 2.3572, look for 2.3609 and 2.3631.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. The price stands below its 20 and 50 period moving average (respectively at 2.3560 and 2.3559). The GBP/NZD is trading below its lower Bollinger band (standing at 2.3532).
Supports and resistances:
2.3631 **
2.3609 *
2.3572 **
2.3524 last
2.3478
2.3456 **
2.3434 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-19-2026 at 10:35 UTC+1
Price reference: 2.3524 last known on 10-19-2026 at 10:35 UTC+1
Investment horizon: INTRADAY
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