So far GBPNZD has kept steadily above 2.0730 region. I just opened a small long position aiming at the 2.12 area for a short-term trade, with tight SL just below support at 2.071 and a RR ration above 5.
The 2.12 TP is well below the next main weekly resistance level and also below a measure target equivalent to the 2.85% ranging from the bottom to the top of the short-term triangle well visible in the daily and 4h charts, which is the basis of our breakout entry.