GBPNZD is trying to break the higher low zone

GBPNZD Ascending Channel Analysis

GBPNZD is moving in a Clear Ascending Channel by forming higher highs and higher lows in the weekly time frame chart.

Now, GBPNZD is trying to break the higher low zone. 

Similar to EURNZD trade setup, GBPNZD is standing now at the bottom zone of the uptrend line.

Let’s wait for the confirmation of breakout or reversal.

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