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GBP/NZD Intraday: Watching for a Trigger Above Resistance
Nov 4, 2026 3:45 AM
The upside prevails as long as 2.3951 is support, with 2.4081 and 2.4104 as targets
Our pivot point is at 2.3951.
Our preference:
The upside prevails as long as 2.3951 is support, with 2.4081 and 2.4104 as targets
Alternative scenario:
below 2.3951, expect 2.3912 and 2.3889.
Comment:
Prices are now closing in on our first target. Should this level hold, a throwback is likely to emerge; however, a convincing break above it could open the door to additional upside.
Supports and resistances:
2.4128 *
2.4104 **
2.4081
2.4050 last
2.3951 **
2.3912 *
2.3889 **
Our preference:
The upside prevails as long as 2.3951 is support, with 2.4081 and 2.4104 as targets
Alternative scenario:
below 2.3951, expect 2.3912 and 2.3889.
Comment:
Prices are now closing in on our first target. Should this level hold, a throwback is likely to emerge; however, a convincing break above it could open the door to additional upside.
Supports and resistances:
2.4128 *
2.4104 **
2.4081
2.4050 last
2.3951 **
2.3912 *
2.3889 **
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