GBPNZD analysis— Currently overextended at 2.618.. This is sort of falling knife scenario, where im hoping price uptrend is now over. Its better to wait for more confirmation if you are not in the trade yet. Check out the link to related idea for my previous posting of GBPNZD for a more up close look at at the analysis at current price.This post is a follow up to further demonstrate why im currently bearish on this pair.
