As we can see price has been in a very good and strong Downtrend for a while and then it started retracing, my bias and Technical Analysis says that the retracement is complete or it is about to be completed. but If retracement is completed then this time is good oppertunity to sell.
TRADE WITH PROPER STOP LOSS BASED ON THE MARKET STRUCTURE!!
From this analysis, GBP/NZD price is on Right shoulder of the current bearish trend.
It's expected if the candle closes below the 1.91812 price, there is a chance of bearish trend expected until price @ 1.89234