GBPNZD testing support + news

FX:GBPNZD   British Pound / New Zealand Dollar
Price is testing the support for the 4th time, such as MACD.

We can see the columns in MACDS indicator losing power, and the line crossing each other.

About candles we've a three inside up after testing the support, show us a bullish signal.

And to conclude the Reerve Bank of New Zeland says "economy will slow as rising rates curb consumption", the houses prices are still expensive; and this morning in NZ we had data about unemployment and employment, and:

Unemployment: 3,3%, higher thand expected (3,2%). They though the rate was lower than last Q, but is the same as the previous and higher than expected.

Employment: Higher than expected with a change of 1,3bp and the forecast was 0,5%


Dont forget about yesterday:

BOE made a £838b stimulus and sold £750m of gilts

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