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Trader-VincentH
Oct 25, 2017 11:22 AM

GBPNZD: The 3rd Impluse Wave, Watch 1.96 and 2.0 Long

British Pound/New Zealand DollarFXCM

Description

UK GDP data is better than expected, increased the probability for BOE to raise rate in Nov.

On daily chart, the pair broke out from the continuation during 2nd wave, now completing the 3rd wave, with ideal target at 2.0 level.

Watch 1.96 level , the potential reversal point according to AB=CD pattern.

Maybe there are some opportunities of GBP and NZD related pairs, check below links if u like.
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