#GBPNZD - H1

đź“Ł Upon analyzing the 1-hour timeframe, the price is in a downtrend. With the breakout of the support at 2.0696, it is possible to initiate a sell position with a target of 2.0600.

â›” Stop loss: 2.0760.

On the other hand, if the 2.0760 level is broken, there is a potential expectation for price growth towards the 2.0850 level.

â›” Stop loss: 2.0696.
Trade closed: target reached
Trend Analysis

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