Sentinalx

GBPNZD Analysis

Short
Sentinalx Aggiornato   
FX:GBPNZD   Sterlina / Dollaro neozelandese
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
Trade attivo:
Trade is well on its way.
lessons learnt , never go against the fundamentals
Commento:
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
Commento:
The trade went 110 pus pips in profit and reversed to mean reversion .
we are still in the trade
Commento:
still open .

the target remains same
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