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GBP/NZD is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 7 days.

A potential bullish movement on GBP/NZD
A Channel Up pattern was identified on GBP/NZD at 2.1836, creating an expectation that it may move to the resistance line at 2.2005. It may break through that line and continue the bullish trend or it may reverse from that line.

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