#GBPNZD - H1
📣 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.
⛔ 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.
⛔ Stop loss: 2.0696.
📣 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.
⛔ 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.
⛔ Stop loss: 2.0696.
Trade closed: target reached