GBPNZD recently reversed up once again from the key support level 1.90850 (which has been repeatedly reversing this currency pair from the start of July), intersecting with the lower daily Bollinger Band. The upward reversal from this support level 1.9085 stopped the earlier downward impulse sequence (3) from the middle of October. Given the strongly bullish Sterling sentiment seen across the FX markets today (on hopes for the Brexit deal to be soon reached) – GBPNZD is likely to rise further toward the next resistance level 1.93000 (former support from the start of October).