GBPNZD POSSIBLE BUY NEAR 1.9310-1.9330 SUPPORT
Retest of 38.2% fib/support confluence area possible & maybe even a move down to the 50% fib/polarity level confluence zone. Staying bullish down to the 50%. If breaks down past 50% zone, bias may change. No entry yet. Waiting for another sign of this area holding.
Want to be careful on this due to the obvious support level here. Smart Money knows there are plenty of stops down around the 1.9310 and below. They could very well sell the pound down to that area and then sell NZD off to boost the POUND back up.
Want to be careful on this due to the obvious support level here. Smart Money knows there are plenty of stops down around the 1.9310 and below. They could very well sell the pound down to that area and then sell NZD off to boost the POUND back up.