Gbp/nzd is most probably on the 5th wave down. it can go up some more but i have put an invalidation line. The retracement to 61.8% is done on the 4th wave and that has brought the market down. presumably waver 1 minor is over and wave ii is in progress. best option is wait for an impulse and sell in my opinion.
i don't trade this pair as it is very volatile and also high spreads.
The pink line on the first chart is the invalidation as it will cross wave 1.
here are some charts
i don't trade this pair as it is very volatile and also high spreads.
The pink line on the first chart is the invalidation as it will cross wave 1.
here are some charts
STING