Big movement possible on GBP/NZD after a breach of 1.9002

Big movement possible on GBP/NZD
GBP/NZD has broken through a line of 1.9002 and suggests a possible movement to 1.8823 within the next 3 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 17 days.

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