FX:GBPNZD   Livre sterling / Dollar Néo-Zélandais
I must first remind you that the STOP loss in this analysis is marked as 150 pip and the target pip size is 300, which is entirely on a technical basis. Therefore, if you want to get this trade, you should first remind yourself to reduce your lot size by half and manage your money. Overall, the GBPNZD is hovering above a very strong bull pressure and the volatility through the ATR is showing a gradual decrease, which we can conclude that the pattern should definitely increase in the next few hours and create a strong bull wave.
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