Best Selling Zones for the GBP/NZD Pair on the 4-Hour Timeframe

The GBP/NZD pair is currently moving in a downtrend and is attempting a correction.

The pair is expected to continue its decline and complete the overall downtrend, especially if it reaches new selling zones and bounces back.

Expected Selling Zones

Currently, we have several strong selling zones on the 4-hour timeframe. The first zone is around 2.3008, a strong selling area that overlaps with daily selling zones.

If these zones are broken, we expect a continuation of the upward movement towards the next zone near 2.3181, followed by a return to the downtrend.