Scott Barkley
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Scott Barkley in Proact Traders,

GBPNZD- bounce

Note: FOMC today- stay out of USD pairs until after.

Currently we are @ 1.9297 in a channel. We are looking to continue to the 1.618 Fibo @ 1.9424 and then on to the top @ 1.9571-9606. The average daily true range (ATR) for the pair currently is 212 pips.