GBPNZD | 29.10.2024
SELL 2.17700 | STOP 2.18500 | TAKE 2.16700 | During the European session, the pair's quotes grew smoothly and are currently holding around the 2.17700 mark. We expect a corrective downward movement. Some pressure on the pound's position is exerted by statistics on retail price indices. This indicator also indirectly indicates a further easing of inflation risks, allowing the Bank of England to move to a more aggressive reduction in borrowing costs.
Trade active
!Trade closed: target reached
2.16700 | + 1000
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.