GBP/NZD Bearish: Currently, we are at 1.9808 in a range. IF we can break slope support and the 0.214 Fibonacci here, we are looking for a continuation initially to the 0.382 Fibonacci at 1.9696 and then to the 0.500 Fibonacci at 1.9628. The average daily true range (ATR) for the pair currently is 145 pips but its 90-day ATR is 185 pips a day.