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GBP/NZD: Set to Break Above 2.1629 With Convergence in Play

10/23/2024

Less than a minute

2024.10.23 09:35

Forex Strategies Bullish: is currently @ 2.1559 in a range. We have convergence in play for the upmove. We are looking for the continuation of the ATR target @ 2.1629 and then a reversal. Watch the USDX for directions. The average daily true range (ATR) for the pair currently is 152 pips and its 90-day average is 136 pips.

GBPNZD – take out the top