Huraian
⋅ on DAILY: GBPNZD is sitting around a support/resistance zone in blue so we will be looking for objective buy setups on lower timeframes.
on H1: GBPNZD formed an objective channel in red, so we are waiting for a momentum candle close above its last swing to buy this one short-term.
Moreover, we have a bullish regular divergence on MACD adding more confluence to our buy setup.
Meanwhile, as long as our buy is not activated, we would be overall bearish on GBPNZD