GBP/NZD 4H ANALYSISBritish Pound / New Zealand DollarCAPITALCOM:GBPNZDAvo-TradesGBP/NZD – 4H Analysis 📊 GBP/NZD is currently testing a major descending trendline resistance (green trendline), a zone that has repeatedly acted as a barrier to further upside. Following the recent recovery from support, price has rallied directly into this resistance area, where sellers may step back into the market. As long as the green trendline remains intact, I will be looking for short opportunities, anticipating a bearish rejection and a continuation lower toward the next support levels. A break above the trendline would invalidate the bearish scenario and shift the focus back to the upside. 📉 Bias: Bearish 🔹 Price testing major descending trendline resistance 🔹 Strong technical confluence around current levels 🔹 Looking for bearish price action confirmation before entry 🎯 Targets: 2.2850 2.2750 2.2650 ❌ Invalidation: A strong 4H close above the green trendline resistance.