TimStuyts
Short

GBPNZD ending a major correction

FX:GBPNZD   British Pound / New Zealand Dollar
202 0 4
The GBPNZD             is somewhat comparable to the GBPAUD             . It is corrective on a higher time frame and in this case I am also looking for a last leg lower. Since I see this bearish move as a correction I also like a corrective wave pattern. 7 is and extension of 3 which is corrective. I'm currently short on this pair for that new low.

However once the bearish move is over I expect an impulse higher, that's the trade you don't want to miss.

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