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FxMoneyMiami
Nov 21, 2018 11:30 PM

GBPNZD LONG Long

British Pound/New Zealand DollarFXCM

Description

We witnessed a huge melt down of the British Pound following the Oil snap across all markets.

GBPNZD has seemed to find its support at the Daily/Weekly levels becoming an almost textbook trade to the upside. As it inches close to its down trend line, monitor it through unfilled orders at the 1.88300 level.

Cheers.
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