On the hourly and half-an-hourly timeframe, GBPNZD is showing bearish divergence signalling a pullback/reversal from its highs. Furthermore, price action is making higher highs while the Relative Strength Index is forming lower highs.
Additionally, there is disequilibrium between price and the conversion line (Fast Moving Average) on the hourly and 4-hourly timeframe. Price should retreat to meet the conversion line before potentially creating even more disequilibrium between the conversion line and base line which should also meet bringing price even lower towards it. Any tips/advice on how I could improve this analysis?