here is my analysis on GBPNZD, I have been watching this pair over the past week and it is now hitting the HH (higher high), possibly we could be looking at a break out to the bearish side as FOMC has happened today and created a huge 87 pip wick on the 1hr chart.
I think we could see it hitting the POI and long term hitting the liquidity to fill out any imbalance in the market, this pair has been showing lower lows and higher highs after its crazy bull run, normally in my opinion after a range you will see a break out, however be careful that you don't get stop hunted. I will be posting this trade for free to my free group chat - link is in the bio and also below!
I think we could see it hitting the POI and long term hitting the liquidity to fill out any imbalance in the market, this pair has been showing lower lows and higher highs after its crazy bull run, normally in my opinion after a range you will see a break out, however be careful that you don't get stop hunted. I will be posting this trade for free to my free group chat - link is in the bio and also below!