GBP/NZD – Triangle Break?

 | Jun 14, 2018 08:56AM ET

GBP/NZD

Bearish: Currently we are at 1.8995 in a well-built range and in a symmetrical triangle. IF we can break this triangle and a continuation to the 1.618 Fibo at 1.8905 and then to the support at 1.8848. The average daily true range (ATR) for the pair currently is 153 pips.