I am anticipating a 900 pip drop from GBPNZD. Price currently trades at 1,259, and it should break below 1,25 before the end of the day. We can see a bearish flag forming within a bearish channel. Also, a head and shoulders pattern could be used to justify the sells.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.