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GBP/NZD Looks To Be Ready For A Bounce – Elliott Wave Analysis

GBP/NZD Looks To Be Ready For A Bounce – Elliott Wave Analysis

GBP/NZD made a three-wave complex pullback from October highs which we labeled it as a W-X-Y in progress, with wave Y now unfolding a potential Elliott wave ending diagonal. If that is the case, then be aware of a sharp bounce above the upper corrective channel line.

gbpnzd 4h

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