GBPNZD - Nov-10 - H4

In the GBPNZD currency pair, we see that the price is currently moving in a downward channel. The pair has hit the bottom of the channel at 1.92 and has started its upward trend. In the first case, we expect the price to rise to the levels of the canal roof, which are the resistance line. These lines are in the coordinates of 1.9360 and 1.9470. The price can fall if it hits these levels. But if these resistance levels are broken, we expect the price to rise to 1.9789.



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