Joined Dec 2017
Status: Junior Member
My thoughts on GBPNZD is that the d1 chart indicates that the downtrend stopped in June of this year, form there is built a nice base and since september has been on a bullish run. Looking at the d1 chart there is no reason to believe that this trend won't continue with PA not suggesting a shift.
Looking at the intraday action on the 1h chart I have resistance starting at 19550, however I dont expect it to hold, in my opinion the reversal point or CT trade will be a small pocket in between 19620--19640. On the support side I see a lot of potential to go to 19250 and 19100 after that, but these are areas outside the intraday action.