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Targeting the 61.8% fib level
British Pound / New Zealand Dollar
Short
Targeting the 61.8% fib level
By SwissPips
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Updated
Jul 20, 2020
6
Cheer
Cheer
Jul 17, 2020
We are currently in a pullback which is forming a flag. Price broke strongly my 4 EMA's to the downside.
With GBP being very weak today I am expecting the pair to test again the 61.8% fib level which will be my target.
Trade at your own risk
Jul 20, 2020
Trade closed: target reached
Bearish Patterns
Chart Patterns
GBP
GBPNZD
NZD
pattern
price
SELL
short
Trend Analysis
SwissPips
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