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Wednesday 30 September 2015

GBPNZD trend & momentum 30-Sep-2015

Recently, one of researching firms has pointed out that Babk of England will not cut the interest rate until 2016. In this sense, GBP is not stronger than that anticipated before.


GBP has been particularly weak against most of major currencies for the last 2 weeks. The trend and momentum now indicates the trend reversal for short term. Particularly, GBPNZD is expected upward steeply.

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