On Friday the GBPNZD printed a Doji-type candle providing us with a perfect range to trade a breakout when it occurs. The high of the candle is @ 1.950 and the low @ 1.939. If we break to the downside a move equal to the range will see price test the Monthly S1 Pivot @ 1.930 followed by further downside to support @ 1.918. If price breaks to the upside I suspect a re-test of the Daily 100 SMA @ 1.964 to be the most likely target.