GBPNZD: ...Sell the rally? Yes, but 2.31 below

The main trend is bullish, but at the same time, the pair could trigger some corrective structure in the short term. If this idea is correct, it is possible for ABC Patterns to appear on hourly chart.
Note: Updates will follow below.

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*2.031 below

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The GBPNZD pair has correctly reached our setup area (resistance), even if at the moment we cannot exclude the achievement of the 2.031 area, the trade seems to be correct, therefore we only manage the position, whoever wants can move stop loss to BE.

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Trade geschlossen: Ziel wurde erreicht:

tp1 hit