Reason for Buying GBP/NZD :

Market try to Breakout the top resistance zone 1.74 Price Level.

We expect a Breakout without retracement due to Buyers Pressure on GBP.

But, the market forms a big spike and made a pull back again to move down.

Finally Market reaches our Stop Loss due to the failure of Breakout at the top zone.

Save your time on analyzing the market and take your trades only at good opportunities available in the market.

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