GBPNZD is currently in a strong uptrend. After reaching a recent high, the market has begun consolidating within a narrow parallel channel on the 4-hour chart.
A break above resistance indicates that the upward momentum is likely to persist, with an anticipated target price of 2.1701.
A break above resistance indicates that the upward momentum is likely to persist, with an anticipated target price of 2.1701.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.