GBPNZD continues to fall inside the medium-term impulse wave (3) –which started earlier from the powerful round resistance level 2.000 (which stopped the sharp uptrend in May), strengthened by the upper daily Bollinger Band. The price is currently falling inside the short-term sub impulse 3 of the impulse sequence (3). Given the strength of the active impulse wave (3) and the widespread bearish Sterling sentiment seen across the markets– GBPNZD is likely to remain under bearish pressure today and extend the losses toward the next support level 1.9200.