GBPNZD - Bullish Bias

13 Eyl 2021

🇬🇧 GBP - Strong Bullish
1️⃣ Bailey says that the BOE is likely to have to raise its interest rates to combat inflationary pressures over the next 2 to 3 years, even though the economic recovery in the UK is slowing.
2️⃣ Policymaker Michael Saunders reiterated that the central bank will need to raise interest rates next year if growth continues and inflation rates are rising.
3️⃣ The inflation rate for August is expected to pick up amid rising price pressures in both the manufacturing and services sectors.


🇳🇿 NZD - Strong Bearish
1️⃣ A negative market environment can depress high-beta currencies such as the NZD.


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Technical
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The price break the recent resistance.


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Risk to this trade
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Any change in sentiment could turn the pair's direction.

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13 Eyl 2021

İşlem aktif

13 Eyl 2021

İşlem kapandı: durdurma seviyesi

❌ TRADE HAS HIT SL

-60 PIPS

Positive risk tone during European session sent NZD higher. However, we are still looking for an opportunity to long GBPNZD.

13 Eyl 2021

İşlem aktif

Re-entry GBPNZD

15 Eyl 2021

İşlem kapandı: durdurma seviyesi

✅ TRADE HAS HIT BE

+1 PIP