A major breakout is looming for the GBPNZD

Not only are we near trend highs, but we are also very close to trading to levels we have not seen since 2016. With the consolidation between the 1.8000-2.0600 level we have seen in the last 18 months the pair is primed for a breakout which could lead to a move towards the 2.1300 level on a weekly close above the 2.0600 level.