Yesterday i did said that at the point of 2.09335 that the GBPNZD go up back to the 61% retracement, at 2.10883 and that it will drop back down as the retracement has been tested more than 7 times, and im expecting it to drop to the point of 2.09335 and expecting a bounce back to the upside.
Trade active:
61% Retrace was once again hit, but now the candle has closed above it, im looking for it to drop more, and ill post back with more update.
Comment:
The pair has now made it back into the previous support of 2.09364 last time it was in this consolidation channel for a while. i will update of more information