GBPNZD is in my opinion in an uptrend that is part of larger ABC (white; could be WXY too) and moving inside a channel.
My outlook is that price will move past the current resistance zone in a bullish manner.
My outlook is that price will move past the current resistance zone in a bullish manner.
Yorum:
I do admit that the blue wave 3 is too short but as we are in a corrective pattern (abc in white) I believe this is valid). The alternative count would be that it could be a WXY of a higher degree ABC up.
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Please see my update on GBPNZD.