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GBPNZD continues to rise steadily after this currency pair broke the key resistance level 1.92000 (which has been steadily reversing this currency pair from the middle of November) – intersecting with the 50% Fibonacci correction level of the previous downward impulse wave 1 from the end of October. The pair is likely to rise further toward the next resistance level 1.96700 (former strong resistance level from October and the forecast price for the completion of the active impulse wave (c))
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