Bearish Idea on GBP/NZD by ThinkingAntsOk

4H CHART EXPLANATION:

In 4H chart, we observe that price effectively rejected the Confluence Zone and now it is facing the Support Zone 1, after breaking the Ascending Channel. If the zone is broken and price consolidate, then it has potential to reach the Support Zone at 1.90300.

DAILY CHART:

snapshot

GBPGBPNZDGBPUSDMultiple Time Frame AnalysisNZDshortSupport and ResistanceTrend Analysis

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