GBPNZD currency pair recently reversed down from the resistance zone located between the long-term resistance level 1.98000 (former monthly high from October of 2020) and the upper daily Bollinger. The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Shooting Star. Given the strength of the aforementioned resistance zone and the bearish sterling sentiment seen today- GBPNZD currency pair is expected to fall further toward the next support level 1.96000 (low of the previous corrective wave (ii)).