GBPNZD Analysis

28 мар. 2023 г.

Price of GBP nzd has been making a tighter range highs latest.
with over all fundamental situation on the horizon , i am expecting it to fall to lower support of 1.9541

sell entry : 1.98
SL - 1.9921
tp : 1.9540

interst rates of Nzd is 4.75 and GBP is 4.25 which favours bais.
infaltion is higher in britain around 10 percent with lower GDP q/q which also favours longs on NZD.

best of luck

28 мар. 2023 г.

Сделка активна

Trade is well on its way.
lessons learnt , never go against the fundamentals

28 мар. 2023 г.

Заметка

trade has reached 70 pips in profit .
market has still more room to play to the target .
i have not adjusted the trade size or stops till now .
still going strong

29 мар. 2023 г.

Заметка

The trade went 110 pus pips in profit and reversed to mean reversion .
we are still in the trade

31 мар. 2023 г.

Заметка

still open .

the target remains same