GBPNZD Daily Elliottwave Technical Analysis and Forecast - See more at: http://hoagtrading.com/blogs/detail/gbpnzd-daily

1. GBPNZD Technical Strategy: Bearish
2. Elliottwave Count: Wave 3 is in process
3. Upcoming major events: GBP-Construction PMI (Nov)

We have eliminated our alternate count and counting bearish count. We are expecting small bounce from current level and then drop to new low as part of wave 3 of wave c. Read More