HELLO TRADERS before we talk about GBPNZD lets take a look at ZXY the nzd index which is a major driving force for this pair ZXY has been on a descending channel on a monthly TF but for a few weeks its been correcting to the upside Right now it has started to show signs of continuing lower and as we know weakness in NZD is strength in GBPNZD
Now back to GBPNZD has been on an ascending channel and now the price is testing the lower channel which wouldprovide a proper entry for us at 1.9100 GOOD LUCK TRADERS PEACE OUT
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