LeoPrime Daily Market Analysis

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GBP/NZD : Looks like it’s bouncing from the 1.9100 levels


GBP/NZD is bouncing from the 1.9100 levels, which isn’t surprising since it’s right above the ascending channel support AND the 100 SMA retest. A long trade at current levels would give you a good reward-to-risk ratio especially if you aim for the previous highs just below 1.9500.

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