MonsunAsia

GBPNZD - Bearish Bias

Short
MonsunAsia Mis à jour   
FX:GBPNZD   Livre sterling / Dollar Néo-Zélandais
GBP - Weak Bearish
1️⃣ The number of daily COVID-19 cases in the UK increased by 32,181, while the number of deaths increased by 50 people.
2️⃣ Former Democratic Union Party (DUP) leader Arlene Foster has raised concerns of irreparable damage due to the deadlock over the Northern Ireland (NI) protocol.

NZD - Strong Bullish
1️⃣ Positive sentiment in the market supports the strength of high-beta currencies such as the NZD.
2️⃣ New Zealand retail sales rose 3.3% in the second quarter, following a 2.5% increase in the previous period.

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Technical
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We are selling the GBPNZD after the price has break previous support.

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Risk to this trade
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Any change in sentiment could turn the pair's direction.
Transaction en cours
Trade fermée: ordre d’arrêt atteint:
❌ TRADE HAS HIT SL

-50 PIPS

The NZD lost some momentum, but the risk-on market environment remained supportive of the NZD.

We will look for opportunities to re -enter this order if there is a new setup.
Transaction en cours:
We are re-entry this order because the sentiment is still the same.
Trade fermée: cible de profit atteinte:
✅ TRADE HAS HIT TP

+165 PIPS

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