DeGRAM

DeGRAM | GBPNZD potential the head and shoulders pattern

Short
FX:GBPNZD   British Pound / New Zealand Dollar
GBPNZD broke out of the ascending channel and moved higher to the resistance level, which is psychological level at 1.9500. 

The market is creating a head&shoulders pattern. There's a nice confluence zone to short at the resistance level .

We expect a pullback from the resistance. 


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