Price has been rally from the low at 1.7398 since end of July to the recent high around 1.8250 region in a 3-wave structure hitting the minimum targeted expectation.
We are now expecting a correction lower potentially towards 1.7853 area.
A break below the trend line structure will confirm the downside potential on GBPNZD.
We are now expecting a correction lower potentially towards 1.7853 area.
A break below the trend line structure will confirm the downside potential on GBPNZD.
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Disclaimer
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.