The GBPNZD chart is in an overall uptrend and has now retraced to the 0.618 fibonacci level from the last upward move. The price should now head up to the next target. Hence, the trade would be executed as follows: GBPNZD BUY: 2.00250 SL: 1.98500 TP1: 2.02500 TP2: 2.05000