GBPNZD we see strong bullish channel on h1 TF, Price broke channel resistance and after that started consolidation between 1.9190 to 1.9370 levels. Now we have two scenario...
If price touches consolidation support and goes up uptrend will continue.
If price will break down 1.3190support it will be the confirmation of new downtrend.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.