GBP/NZD forecast for July 15, 2020.

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On the 4-hour chart, GBP/NZD is now about to test the previous day low at 1.9145 as its primary target. If bearish momentum is strong then the pair may reach its secondary target at 1.9118. This scenario is likely to come true if the pair does not rise and close above the 1.9241 level.

(Disclaimer)

The material has been provided by InstaForex Company - www.instaforex.com