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GBP/NZD downside taking a breather at 2.087 levels, pair has edged higher on the day to currently trade around 2.09 levels.
- But downtrend in the pair still intact, momentum studies are bearish, tests of 2.0656 likely.
- Our calls on the pair (links below) have hit targets.
http://www.econotimes.com/FxWirePro-GBP-NZD-edges-higher-from-half-yearly-lows-at-21446-further-weakness-on-charts-163304
http://www.econotimes.com/GBP-NZD-call-update-164804
Recommendation: Lower trailing stops to 2.11, target 2.0660
