GBP/NZD Rising Wedge Breakout
Scott Barkley | Aug 18, 2020 08:40AM ET
GBP/NZD Bearish: We are currently at 2.0040 trying to break out of the rising wedge. IF we break, are looking for a continuation to the ATR target at 1.9811. Watch for a hard bounce there. Below today's target, there is a huge opportunity if we can navigate through it. Watch the USDX for direction. The ATR for the pair currently is 169 pips per day.
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