Looking at GBPNZD on higher timeframes (w), we can clearly see it making LL and LH. however, On March 13th of the 2017, we can see the cable gaining strength and breaking the LH at $1.8000. A strong but still choppy bullish rally was initiated right after the retest of the previous broken structure creating a level of support for buyers to start looking for long...
GBPAUD being on a monthly psychological support level, Bulls are to be expected to start coming in and bring the price back up either for a pull back or a trend reversal.