GBPNZD - 2026-03-02GBP/NZDOANDA:GBPNZDthewayofrichieLast analysis (ISO 8601): 2026-03-02 - AEF-SE: Bearish trend - FaEH: Bullish trend - FaEO: Bearish distribution - FaET: Reinforced bearish trend I know, I know: - Trend is bearish - SL is "way too much." I'm using my against trade setup: 0.3% of a regular 0.5% / 0.8%. But, you may be asking: why do I take this trade? There is some fundamental reason. 3GBPNeutralEurope3.75%3.75%4.23% 7NZDNeutralCommodities2.25%2.25%4.34% GBP and NZD monetary drivers are quite similar, and the recent bullish NZD trend is driven by the AUD economy, which directly impacts NZD. But NZD itself is way overbought compared to GBP; also, GBPNZD is historically a bullish pair. And, why do I enter now? Mainly because of the recent accumulation and lack of news. Why do you set such a high SL? I want to "catch the swing" so the 1:1, even 1:0.8, will be just a BE trigger. After the BE, I'll hold that trade until the historical trend comes back. Take this trade like "buying a stock". Now, if it is executed, it will also work as a hedge if I go short on any GBP pair, or long at any NZD one.