Going Short on the GBP/NZD

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I have just entered short on the GBP/NZD pair, as price seems to be consolidating inside of a pennant. Price is bouncing off of the 200 MA on both the 4 four and daily chart where the 200 MA's meet. Daily stochastic indicates bearish movement and despite positive retail numbers, the GBP continues to go down.
Commento
istantanea
Commento
Moving stop to break even
Commento
Closed at break even
Chart PatternsGBPGBPNZDTechnical IndicatorsNZDTrend Analysis

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