Quick analysis on GbpNzd, I would like to see price come back to the significant weekly support level before placing an entry. I do believe price will make an impulse movement towards the upside, I just don't think now is a good entry. Not only is price seeming to catch some resistance around 1.99100, I feel like price may need to drop before getting enough buying pressure to send price past the highs.
I'll be waiting for price to come back to the level, with bullish rejection for a better entry. If it doesn't happen, oh well. But for now, just patience.
I'll be waiting for price to come back to the level, with bullish rejection for a better entry. If it doesn't happen, oh well. But for now, just patience.