GBPNZD: Bearish Move From Resistance Cluster

GBPNZD formed a double top pattern after reaching a significant horizontal resistance level on the 4-hour chart.

The price broke below the neckline of the pattern and a rising trend line, indicating strong bearish momentum.

A downward movement towards the 2.0833 level is likely.
Double Top or BottomSupport and ResistanceTrend Lines

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