British Pound Vs. New Zealand Dollar - Wedge?

 | Dec 23, 2014 09:49AM ET

GBP/NZD - wedge?


Currently we are at 2.0063 in a descending wedge which is bearish. We are looking for a continuation to the support area @ 1.994 with an overall target @ 1.9935. The average daily true range (ATR) for the pair currently is 219 pips.