GBPNZD - Channel Boundaries in Play! What’s Next?

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The weekly chart of GBPNZD shows price action respecting an ascending channel structure. The pair has been moving within a well-defined ascending channel since early 2023.

GBPNZD weekly chart highlights price action within an ascending channel structure with key levels in play. Watch for bullish opportunities near the support zone at 2.1400–2.1800 or bearish continuation if price breaks below this zone. What’s your bias? Let me know in the comments! #GBPNZD #Forex #TechnicalAnalysis

Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Forex trading involves significant risk of loss and may not be suitable for all investors.

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