GBPNZD Simple Trade Plans PRE New Zealand Inflation
Updated
A rampant GBP Post UK Elections and a dovish stance coming out the RBNZ have provided us with a significant rally to start to look short on (Carefully).
If CPI comes in higher, we may see a reversal of the latest NZD sentiment, ultimately dropping GBPNZD (not a given).
Short side bias comes at local highs, extreme push. Likely to weaken.
If CPI comes in higher, we may see a reversal of the latest NZD sentiment, ultimately dropping GBPNZD (not a given).
Short side bias comes at local highs, extreme push. Likely to weaken.
Note
Short Side Falls Post News That Warranted Exits Can Be Re-Shorted Again.
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