Forex Strategies Bullish: GBP/NZD 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.