GBP/NZD haas been in clear uptrend. forming an double top for reversal but as per trend i would like to go long on GBP/NZD at 1.9588 if supply zone is not broken for the targets of 1.9825. Alternative view is going short after breakout of the level 1.9588 on 4h time frame and retest for the targets of 1.9440. let me know what is your views.
Trade active:
GBP NZD is consolidating in symmetrical tringle on 1h time frame. as the area of tringle is reducing volumes are also going down, indicating breakout