GBP/NZD At 2.4444 In Channel

Currently GBP/NZD is at 2.4444 in a nice channel. We are looking for a continuation to the Fibo support area at 2.4672 with an overall target at 2.4914. The average daily true range (ATR) for the pair currently is 140 pips.

GBP/NZD 120-Minute Chart

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