GBPNZD - Bullish Bias
🇬🇧 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.
Don't forget to like, comment, and subscribe for more ideas.
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.
=====
Technical
=====
The price break the recent resistance.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
Don't forget to like, comment, and subscribe for more ideas.
Transaction en cours
Trade fermée: ordre d’arrêt atteint
❌ 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.
Transaction en cours
Re-entry GBPNZDTrade fermée: ordre d’arrêt atteint
✅ TRADE HAS HIT BE+1 PIP
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.