GBP/NZD – Daily Potential 900-Pip Short Setup GBP/NZDOANDA:GBPNZDJabu_Souls07GBP/NZD has been trading inside a broad daily range, repeatedly respecting both premium and discount extremes. Price is currently trading at the upper boundary of the range, inside a clear premium zone, where previous buying momentum has struggled to follow through. This area represents: Prior daily highs Clear buy-side liquidity Repeated failed continuation attempts From a market-maker perspective, this is a high-probability area for distribution rather than expansion. Liquidity Narrative Buy-side liquidity above recent highs has either been partially or fully engineered Price is now extended, with diminishing bullish displacement Smart money typically seeks maximum short exposure at these levels Once buy-side liquidity is absorbed, the natural next objective is a re-pricing into discount, targeting resting sell-side liquidity below.