The result of a report and signal on the New Zealand Pound GBP-NZD

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Today with the findings of the GBPNZD Special Report
Issued by Al-Mared Investment Corporation on: February 13, 2020*

The New Zealand Pound GBPNZD is trading near good selling areas that we mentioned last week to be the best selling areas extending from 2.04375 to 2.04593 with targets extended to 2.02710.
But in the event of a positive closing and a break out with the closing of a four-hour candle above the level of 2.04593, we expect the beginning of a bullish wave to form to be the best areas of the buying liquidity extending from 2.04593 to 2.04375 to target the selling liquidity levels extended to 2.05205, from which it is expected that the bottom of the week will form and a corrective ascending wave will be formed to target the level of 2.04913

Our trade on GBPNZD based on these recommendations made a profit of +166 Pips

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