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Pennant Pattern in GBP/NZD

GBP/NZD Daily Chart Pressure is building up in the pennant pattern on the GBP/NZD daily chart. Price is hovering around the support of the upward sloping trendline and beneath that major support lies at the 200 period simple moving average (in yellow). It is a bullish pennant pattern and from a technical perspective breakouts to […]

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