Long time down trend of GBPNZ has come to an end, by a sudden high bounce up because of poor Chinese Manufacturing PMI data. Along with that, tomorrow's UK's Construction PMI data may propel this pair even higher, as risk off aversion slowly starting again. Please find the GBPNZD 4 HR chart,


As this pair broken the double top quite easily today because of the risk aversion setup, the up trend may extend for some more time in this pair.
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