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GBP/NZD Short

Short
British Pound / New Zealand Dollar (FX:GBPNZD)  
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FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Wave Analysis Fundamental Analysis wavetheory elliottwaveprojection elliotwaveanalysis elliottwaveretracement elliottwavecorrection elliottwaveforecasts elliottwaveideas
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trendanalysis waveanalysis fundamental wavetheory elliottwaveprojection elliotwaveanalysis elliottwaveretracement elliottwavecorrection elliottwaveforecasts elliottwaveideas
We expect this to be the trade of the week as well as NZD/CAD. Our fundamental bias on this pair is tilted to the upside. we expect NZD strength due to the interest rate hike circle they are on. Market is expecting the RBNZ to raise rates tomorrow and our bias is negative for GBP since we expect the BOE to disappoint the market and leave rates unchanged.
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