GBP/NZD – psychological price line breached

GBP/NZD - psychological price line breached
GBP/NZD has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 8 days and suggests a possible target level to be around 1.9163 within the next 2 days.

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