The GBP/NZD is trading at a point of equilibrium with a slight directional bias to the upside. The pair is using the kumo as support, as well as the 21 and 8 EMA's, and in addition is holding above 50 readings on the oscillators. The pair is currently in a symmetrical triangle formation, and thus we're looking to buy a bullish breakout of this pattern, confirming our directional bias.