- Pair overnight broke 2.2319 level, 38.2 Fibonacci retracement 2.9852-1.7663
- Next target at 50% retracement at 2.5196, stops placed below 2.1000
- Long positioning very appealing to both fundamental and technical traders
Technicals
Add as a preferred source on GoogleGBP/NZD continues to trade higher; up 4% in June, 11% in last 3-months
Pair overnight broke 2.2319 level, 38.2 Fibonacci retracement 2.9852-1.7663 Next target at 50% retracement at 2.5196, stops placed below 2.1000 Long positioning very appealing to both fundamental and technical traders
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