The GBP/NZD trend analysis is shown below. This pair is building a trend to the upside on the D1 time frame. Currently the price alert point is around 2.3085. When the price alert hits we would look for a buy signal on The Forex Heatmap® to verify the trade entry. There is significant upside potential up to the 2.3500 area (top of the cycle), this is neearly 400 pips of potential. So the reward/risk ratio is excellent on any buys. Historically, this pair tends to behave like an ranging pair, cycling up and down on the D1 time frame between support and resistance. The trend indicators you see are exponential moving averages, then analyzed across multiple time frames and individual currencies.
GBPNZD Trend Analysis