Saudiarabia
SAUDI ARABIAN RIYAL_BRITTISH POUND|ANALYSIS
SAR_GBP IS TRADING ALONG THE DIAGONAL SUPPORT. ANOTHER BULLISH PUSH IS EXPECTED
(1) Horizontal and diagonal support put the pair on strong footing
(2) The push upwards is expected to the resistance lines shown
(3) The push might be followed by support retests
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Analysis of GBPNZD on H4 (04/08/2020)GBPNZD-H4
If the price manages to break the zone around 1.98158, we will go into an uptrend.
This is the most likely of our analysis because it is confirmed by the underlying trend and the MM at 50 which is below the market.
If the price breaks the zone around 1.96170, the market will go bearish.
Let's wait and see...