Hourly Update (Last Updated January 7, 2021 14:21 GMT) At the time of this writing, GBPNZD’s rate is up 22 pips (0.12%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as GBPNZD has now gone up 4 of the past 5 hours. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. Price action traders may also wish to note that we see a doji candlestick pattern on GBPNZD. Given that we see an uptrend on the 20 and 10 hourly candle timeframe, and that such candlestick patterns often…
GBPNZD Up 22 Pips On Hourly Chart; Moves Down For the 3rd Consecutive Day
