Bearish thesis for GBPNZD

73
UK had some super inflation just in this Q1 2025 rose to 3%
Q4 24 was 2.5%

NZD eased inflation to 2.2 % in SEP2024
which technically did not fully satisfy the momentum on price.

but gave us enough for making projections which puts us on ADR numbers to 137 pips.

Given the bearish outlook and the Q1 ends with this month
i gave such tight SL in the trade idea.

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