DeGRAM | GBPNZD rebounded from resistanceGBPNZD rebounced from the resistance and 127.20% fibo inversion.
The market broke and closed below the support 2.0600, which became the resistance.
On the D chart, the trend is bearish, meaning the bears are dominating.
We expect a pullback from the resistance if the price makes a false breakout of the resistance.
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