JohnKicklighter
Short

GBPNZD Represents Strong Fundamentals But its Extended

FX:GBPNZD   British Pound/New Zealand Dollar
262 1 4
BoE interest rate expectations have strengthened materially while the RBNZ is still suffering from its rate cut earlier this month. That is a strong fundamental divergence, but it won't just keep the market running at this pace forever. With a lull in key data and an over-extended position, a pull back is a strong force. I am not building a big position on this, but the short side looks a good speculative approach.
Hello Sir. I've been following your dailyfx videos past two years. Good to see your set ups here. Really appreciate your analysis. Sir. What is your current view on this one? Seems it's gonna hit 2.45 before correction or 2.421 level will be hard to break? Thanks
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