GBPNZD - a pull back trade for now..

Steep is weak and now the Pound has reached its 2.618 target. It is time for a pull back. Only time will tell how deep a pull back will be on a pair like this which has a lot of room still to the upside and like to move rapidly.

My target is lining up with 100 and 200 MA as well as fib 0.618. Nice and neat.
This pair might fight fa little before deciding who is the boss and one see real progress towards target. My SL might be too tight,,we will see