Chart of the day: GBP/NZD [Video]
The GBPNZD I do expect to drop to the .9271-1.9371 (we are pretty much there) and I am looking for a bounce. This could setup an inverted head and shoulder pattern if it does happen. The 38% Fibonacci retrace to the 50% retracement is where I am looking for near term longs.
![Chart of the day: GBP/NZD [Video]](https://socialstatic.fm-cdn.com/social/202112/a05fe4cf39f53506db700983dd0b943e0fdb84d3.png?x-oss-process=image/quality,q_70/format,jpeg)
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