GBPNZD is moving in a descending channel between the trend lines.

The chart has already reached the resistance level and the crossing point of the upper boundary of the channel and the trend line.

The resistance level coincides with the 50% retracement level of the last bearish impulse.

We expect a decline in the channel.

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Chart PatternsgbpnzdanalysisgbpnzdsignalSupport and ResistanceTrend Analysis

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