GBPNZD currency pair under the bullish pressure today after the price reversed up from the support zone lying between the multi-month support level 1.91800 (which reversed the pair in April and May) and the lower daily Bollinger Band. The upward reversal from this support zone stopped the previous intermediate impulse wave 3. Given the strength of the aforementioned support zone and the strong bearish New Zealand sentiment seen across the currency markets today – GBPNZD currency pair can be expected to rise further toward the next resistance level 1.93300 (previous monthly low from September).