Right, many brokers do that. The futures market is more transparent.
Yes, the technical analysis was valid, but don't forget I could go up 200 more pips.
Sometimes there are non-technical rallies, and then the contrarallys come, pure normality.
I didn't see anything strange, just a couple following his trend with a little pause in the range.
The important thing is to control the risk and know when to get out if something gets out of control.
Good technical analysis, but don't ignore the context. It could have gone 200 pips higher easily.
The GBP/NZD is one of the wildest crosses. It is not for beginners.
NFP + illiquid par = assured chaos. It is the ABC of volatility.
If you don't understand the risk, it's better to stay out.