GBPNZD expected a strong pullback

GBPNZD is having a bounce off the downtrend trendline for the second time. This is the price action we've been waiting for. Unless a new higher high is printed, we expect a relatively strong pullback, to test the long-term downtrend trendline and 61.8% Fibonacci support.
Chart PatternsGBPGBPNZDTechnical IndicatorsNZDSELLshortsignalTrend Analysis

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