Today in forex trading The Forex Heatmap® had a buy signal on the GBP/NZD. The New Zealand Dollar (NZD) was mostly weak today in the main forex trading session. There was also consistent British Pound (GBP) strength and some US Dollar (USD) strength. This drove the intra-day movements and pushed the GBP/NZD higher and the NZD/USD lower for trading opportunities. The GBP/NZD is approaching one resistance leven, and the NZD/USD is approaching one support level, so traders should be scaling out lots.
GBP/NZD Buy Signal 8-5-2014