Oil prices will likely remain elevated as there are no signs that the Middle East tensions will ease anytime soon.
GBP/NZD is near the support
Information is not investment advice
On the daily chart of GBP/NZD, the pair has been moving to the support range of 1.8752-1.8683. A rebound may happen soon. In the case of the reversal, the first target is at 1.8961. If the pair is able to stick above 1.8961, we will see a further increase to 1.92.
EUR/NZD is consolidating within a symmetric triangle around 1.7400. Where will it go next?
GBP/CAD made a huge leap to the upside yesterday and got above 1.65 and arrived at the resistance line from May.
One of the most attractive bets on the positive outcome of the trade negotiation is selling XAU/USD.