Hello everyone, A good opportunity has been detected on the GBP/NZD pair. After strong downward movement on the GBP/NZD, the price found support on a 161.8% Fibonacci extension level, bounced and is currently correcting to the upside. We are expecting the price to reach approximately the 2.0000 price level, which is also a major psychological resistance point, where we have a 38.2% Fibonacci retracement level, as well as the 100 Moving Average and the 200 Moving Average.
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