Important resistance line being approached by GBP/NZD. This price has been tested numerous time in the last 23 days

Possible breach of resistance level by GBP/NZD
GBP/NZD is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If GBP/NZD continues in its current trajectory, we could see it reach 1.9919 within the next 18 hours.

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