GBP/NZD
After a rebound in the recent sessions, the cross failed to clear a key short term resistance line at 1.9648 which signals a possible downturn toward 1.9390 then toward the key support at 1.9240 (short term support line). In the medium term, the breakout from the range 1.9240-1.9648 would probably set the tone for the coming weeks. Sell – Stoploss @ 1.9651 – Target @ 1.9242.
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NATIXIS