GBP/NZD is moving towards a line of 1.9288 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If GBP/NZD continues in its current trajectory, we may see it move towards 1.9288 within the next 6 hours.

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