Here on the GBPUSD there is a potential long setup for close to 800 pips of profit. If we see price break down impulsively idea will most likely be invalidated. Price action on the daily timeframe is supporting this trade idea. Trade with caution and good luck.
The EURNZD has formed the first impulse to the downside and the second wave is close to completed. I am expecting that price will fall impulsively as indicated in the chart. This idea is only valid if price contains itself within the corrective pattern at play, so watch the top as price nears it.