FX:GBPNZD   British Pound / New Zealand Dollar
20 0 2
LONG GBP/NZD from 2.1105
STOP 2.1018
Rationale:
GBP/NZD has been in a steep decline since June 2015 and with GBP firming up across the board we turn our attention to this pair.
Technically we are at the bottom of a channel that sits on historical support and the Weekly RSI is reading 36, up from recent lows of 31.82.
Please refer to the hourly chart for further analysis.
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