The GBPNZD chart is in an overall uptrend and has now retraced to the 0.618 fibonacci level from the last upward move. The price should now head up to the next target. Hence, the trade would be executed as follows:
GBPNZD
BUY: 2.00250
SL: 1.98500
TP1: 2.02500
TP2: 2.05000
Trend Analysis

Aviso legal