2112 P5/8 GBPNZD could drop down to with 1670 pips

GBPNZD is still on the uptrend channel and could probably make a new high once it finish a correction.
The correction could go south to retest the bottom line of the channel, with a possibility of 1670 pips.

A very strong weekly bearish signal appeared last week. And this could be a start for the corrective wave.
Go check it on lowertimeframe in the next 1-2 weeks to hunt more pips!

LESS IS MORE!
Good luck!