The bias for the GBPNZD is bullish.
We note an uptrend, characterised by a series of higher lows and higher highs and highlighted by the yellow line.
The shorter-term EMAs are crossed higher and diverging and the price action is above the longer-term EMA filter, which is positive.
Whilst we are bullish, we would only be buyers on a move above 2.0610.
Traders can facilitate that by setting on stop buy orders at 2.0620.
If longs are considered, stops would be set just below 2.0000 for protection.