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GBP/NZD reversed from support area

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  • GBP/NZD reversed from support area
  • Next buy target - 1.9260

 GBP/NZD recently reversed up from the support area lying surrounding the key support level 1.8970 (which has been reversing the price from the start of February) – strengthened by the lower daily Bollinger Band. The upward reversal from this support area completed the previous minor correction 2. GBP/NZD is expected to rise further toward the next buy target at the next resistance level 1.9260 (former support from May).

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