Psalm01

GBPNZD: Potential Long Trade Position

Long
FX:GBPNZD   British Pound / New Zealand Dollar
From the chart, we can clearly see that GBPNZD has hit the 50% Fibonacci level. We'll expect a possible rebound to the uptrend. Also, since weekend activities didn't manage to push the price lower than the 50% level, we can say that it is a safe zone for potential buyers in the market.
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