Sell GBP/NZD Triangle Pattern

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The GBP/NZD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours.

Possible Short Trade:
Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation.

Target Levels:
1st Support – 2.1983
2nd Support – 2.1860

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beyondtechnicalanalysisChart Patternsfundamental-analysisTechnical IndicatorsTrend Analysis

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