As Explained on the chart I am waiting to see what happens with this 0.618 fib and support line within the trend channel
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Anyone with different ideas please comment below
Possible Head And Shoulders followed with some minor resistance
Long Term Position... Trade at your own risk
GBP/NZD has supported all the analysis theory and shows good rules of sticking to it, nevertheless it can go either way but currently £100+ on this pair and showing no direction of changing after the confirmation on breaking the old support and could test the new potential support. What's your thoughts on this pair?