Scott Barkley
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Scott Barkley in Proact Traders,

$GBPNZD- possibly trending?

Currently we are at 2.3840 in a well-defined range but showing signs of wave pattern. We are looking to continue to the 0.786 Fibo support area @ 2.3618 with an overall target @ 2.3016. The average daily true range (ATR) for the pair currently is 297 pips.