No deal on the Table: GBP become space dust moving lower (10%)
GBPNZDTechnicals
1. Unable to break above 50-EMA 'Monthly Chart'
2. Not on this chart, however, GBPNZD rejected 61.8% Fibonacci
Fundamental
1. Kiwi dollar has been weak over the last 2-weeks, post-RBNZ dovish 'reality check'
2. GBP requires another 'reality check' too and moving lower (10%) has the capacity to hit the British. All GBP pairs require some urgent repricing to match current capital exodus and lack of investments for the UK economy to recover.
Risk Stance
A) Willing to risk (400)-pips
Reward Stance
B) Positioned to take home 1600-pips
勝利は我々のものだ。今日と明日
¡Viva América!
Home of the Brave | Land of the Free
¡Viva América!
Home of the Brave | Land of the Free
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
勝利は我々のものだ。今日と明日
¡Viva América!
Home of the Brave | Land of the Free
¡Viva América!
Home of the Brave | Land of the Free
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.