GBP/NZD has broken through resistance of a Ascending Triangle. It has touched this line at least twice in the last 14 days.

Confirmed breakout on GBP/NZD 4 hour chart
GBP/NZD has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 2.0355 may materialize within the next 2 days.

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