GBPNZD - BoE Interest Rate Decision

Short

Livre sterling / Dollar Néo-Zélandais (FX:GBPNZD)

FX:GBPNZD Livre sterling / Dollar Néo-Zélandais

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As GBP news is coming today and BoE is expected to increase the Interest rate, GBPNZD pair will move massively. Short term interest rates are the primary factor in currency valuation and GBPNZD pair moves around 200 pips always. we can expect a massive movement in this pair. as the Interest rate is expected to be increased, we can assume that GBPNZD will fall down for 200 pips during the news time.

GBPNZD
sells at CMP 1.9340
SL# 1.9440
TP# 1.9140

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