GBPNZD 1-Hour Chart: Expecting a Drop to 2.1310 Before Rebound
GBPNZD 1-hour chart, we think the price, currently at 2.1387, will drop further to around 2.1310 - 2.1320. From there, we expect it to start going back up. The pair is moving within a descending channel, so we believe it will continue to follow this pattern.
Trade closed: target reached
DONE
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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.