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

The GBP/NZD pair continued its upward movement, reaching supply zones on the 4-hour timeframe, which are considered key selling points.

The pair has already begun to rebound in a corrective move after the recent strong rally, and a further decline is expected, potentially reaching new buying zones.

Expected Targets

If the price falls to new demand zones near the 2.2955 level, we anticipate a renewed upward move towards 2.3010 and 2.3080, respectively.

This analysis and the expected upward movement will be invalidated if the demand zones are broken and the price closes below them on the 4-hour chart.