After testing the resistance line numerous times, GBP/NZD is once again approaching this line. Can we expect a bullish trend to follow?

Should we expect a breakout or a rebound on GBP/NZD?
Emerging Channel Down pattern in its final wave was identified on the GBP/NZD 15 Minutes chart. After a strong bullish run, we find GBP/NZD heading towards the upper triangle line with a possible resistance at 2.0788. If the resistance shows to hold, the Channel Down pattern suggests a rebound back towards current levels.

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