GBP/NZD, H4 CHART, M240 CHART, LONG (11-DEC-2016)

Note:
Potential Trading in the Range
In H4 chart, it is quite bearish recently and
GBP/NZD move up and touched the 20-EMA.

We see a possibility that the price might drop
further to the support zone.

If this scenario happen, we will wait another
bullish signal around support zone to call for a BUY :)

Caution: BOE's official bank rate on Thursday which might change the direction of this trade :)