The latest COT data reveals a net long position among speculative traders for the British Pound, indicating bullish sentiment. Concurrently, technical analyses from multiple reputable sources suggest a buying opportunity for GBP/NZD. Therefore, based on the current data, the direction for GBP/NZD in the days ahead appears to be upward to the resistance TL
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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.