UK GDP data is better than expected, increased the probability for BOE to raise rate in Nov.
On daily chart, the pair broke out from the continuation during 2nd wave, now completing the 3rd wave, with ideal target at 2.0 level.
Watch 1.96 level , the potential reversal point according to AB=CD pattern.
Maybe there are some opportunities of GBP and NZD related pairs, check below links if u like.
On daily chart, the pair broke out from the continuation during 2nd wave, now completing the 3rd wave, with ideal target at 2.0 level.
Watch 1.96 level , the potential reversal point according to AB=CD pattern.
Maybe there are some opportunities of GBP and NZD related pairs, check below links if u like.
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Related publications
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.