In another look at a GBP cross, this time the GBP/NZD we see a topping pattern that has taken about 3 sessions to fully form, with the pair slicing through its support over the last few hours and holding that drop. The topping action now resembles a H&S pattern with the heat at 2.0065 and the neckline at 1.9850, which amounts to about 200 pips if we project a measured move from the neckline down. That targets about the 1.9655 area, and there is some important pivots there from August 20th, that could be an interesting profit target. An invalidation of this trade idea/possible set-up comes if we move back above the neckline at 1.9850.We may also want to see if there is a throwback to the old level of support at 1.9850 and see if there is a "second chance" opportunity to use that level as resistance. - Nick