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British Pound / New Zealand Dollar
Short

GBP/NZD Technical Analysis

By traderpulse

The counter has formed a topping out formation in the near-term.
It made a double top and has broken a key support level of 1.99508.
Further, the round number of 2.00 can act as a psychological barrier in the near-term.
Though a pullback to the top cannot be ruled out, we still expect the pair to be bearish in the near-term.
Chart PatternsGBPNZDgbpnzd4hrgbpnzdanalysisgbpnzdforecastgbpnzdideagbpnzdlonggbpnzdsellgbpnzdshortgbpnzdsignalTrend Analysis
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