http://i.imgur.com/A60TEK7.png
analysis for today 8 / 25 / 2014
GBP/NZD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1.9711
Retracement (50%) 1.9721
retracement (61,8%) 1.9730
Extensions (61.8%) 1.9628
Extensions (100.0%) 1.9596
Extensions (138.2%) 1.9564
Extensions (161.8%) 1.9545
calculation based on a Fibonacci retracement then today I choose sell