GBPNZD Forecast

GBPNZD - Overall structure of this pair is a downtrend. Price found support at 1.86335 and pushed higher heading towards liquidity area which is our sell zone. I suggest you watch for an extension to the upside and also watch out for price action/exhaustion at this zone. Our 200EMA Is floating around this zone which we could use as extra support.

STOP LOSS- once confirmed, I suggest placing SL above the zone, EMA & trendline.

TARGET- 1.86335 is idea for TP