FX:GBPNZD British Pound/New Zealand Dollar
Scenario 1 - The RED alphabets indicate that the 5th wave needs to be complete. That can happen at the next significant high (unless we have an obvious failure). I am inclined to think we can get 200 - 300 pips higher. We have weekly 200 ma @ 2.0390. So a failure there with monthly 50 ma @ 2.0750 would make this an ideal short opportunity.