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

Will GBP/NZD have enough momentum to break support?
Emerging Channel Up pattern in its final wave was identified on the GBP/NZD 1 hour chart. After a strong bearish run, we find GBP/NZD heading towards the upper triangle line with a possible resistance at 2.0743. If the support shows to hold, the Channel Up pattern suggests a rebound back towards current levels.

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