GBP/NZD on daily chart indicates a potential return to the upward trend after a short-term correction. On September 21st, a local low was set in the 0.83 area. Since then, the price has increased steadily. Currently it is going above yesterday’s maximum and is approaching the current high level. Breaking the high from September 15th should therefore mean continuation of this very strong trend. Observing a widening trend, you can assume that the price will follow then towards this year’s highs.
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