GBPNZD looks like its about to confirm the 4 hour candle breaking/retesting the structure. If it closes 2.21000 or lower - look for strong sells down to 2,2020 and then a further break would lead to much lower lows such as 2.18 or beyond.
Keep in mind that the long term structure of GBPNZD , similar to GBPAUD does not change with this move lower that could last several days. Long term outlook remains and this would likely lead to another buying opportunity lower.
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