I try to make analysis for GBPNZD pair today.
I see this pair still in strong bearish movement . If this pair can break the 1.8831 support level, I predict this pair will go down to the next support at 1.8781 But if this pair go up and break 1.8882 resistent level, I predict this pair will make some correction to the next resistent level at around 1.8932
Sell signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Sell with stoploss at 1.8866 and take profit at 1.8781
my advice .. don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.