GBPNZD SHORT TRADE AFTER ASIAN SESSION

On GBPNZD, we have a bearish setup this morning after the Asian session, where the price has formed a supply zone in H1 and a subsequent highlighted orange value gap. In that area, we anticipate a potential price reversal with a downward movement towards the demand just below the 2.05957 level. We would appreciate it if you could share your opinion with us. Greetings from Nicola, CEO of Forex48 Trading Academy.