GBP/NZD is currently at 1.8993 in a 3rd wave. We have convergence in play for the down move. We are looking for a move to the ATR Target) at 1.8857 area. Watch for the bounce in that area. Watch the USDX for any change in direction. The ATR for the pair currently is 134 pips per day.
GBP/NZD 3rd wave opportunity
GBP/NZD: Third Wave Opportunity
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