This position was taken out on the back of the weak NZD and the Rate review and the possible interest rate stagnation / reduction in the future. Interest rates down , currency down basically. On the back of this I am short GBP/AUD and Long AUD/USD.
Trade active
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Based on the week results from New Zealand , Interest rates not moved and even a possible drop next meeting. Lower rates mean that people don't put there money banks etc and this has depreciate the the NZD. I think it will still get a hammering , but stop is set below last high , as per chart.
Also on the back of this I have a long GBP/NZD and short GBP/AUD 0.03% ,
Trade closed manually
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Closing out as retesting a key support , happy with over 1000 pips.