Three scenarios which can be traded depending on GBP/NZD structure.If it stays intact price will continue to trade back and forth in the range if not , then trade the breakouts. Be very careful though
1. CONTINUATION OF CONSOLIDATION
2. BULLISH BREAKOUT
3. BEARISH BREAKOUT
1. CONTINUATION OF CONSOLIDATION
2. BULLISH BREAKOUT
3. BEARISH BREAKOUT