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GBPNZD - Potential Downside?

British Pound / New Zealand Dollar (FX:GBPNZD)  
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FX:GBPNZD   British Pound / New Zealand Dollar
Chart Patterns Trend Analysis gbpnzdshort gbpnzdanalysis gbpnzddaily gbpnzdsell GBPNZD
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chartpattern trendanalysis gbpnzdshort gbpnzdanalysis gbpnzddaily gbpnzdsell gbpnzd
Following an aggressive move to the downside, GBPNZD has been moving up correctively for the last month or so. It is now approaching a critical area where we can see some powerful confluences stacked up. Keep an eye out for this level and set your alerts!
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