OANDA:GBPNZD   British Pound / New Zealand Dollar
GN broke out and corrected, gave you Londoners a nice buy. Entering right this second extended like that, not the greatest risk to reward. But it looks like it is in an uptrend and if it continues up in this pattern, both sets of trend fibs are lining up for it to break the major high. It may want to come down and correct. Pound pairs might retrace this morning, so it is either making a flag to go up some more or is coming down to correct. I circled targets. Perfect scenario would be for it to come down and correct, but I guess you might buy flags and look to those levels.

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