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.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.