GBPNZD trading in descending channel
The parity price is edging up, but the upper band of descending channel formation will be a strong resistance line for the bullish movement. In the case of breakout, 1.8900 and in long-term 1.9000 will be the next resistance levels. Most likely, the price will bounce off from the upper band. 1.8740 will be the support and downward target.