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GBPNZD finds support around the 2.15 - 2.20 level

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 3, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    New Zealand Dollar Highlights GBPNZD finds support around the 2.15 - 2.20 level EU exit set to dominate news for months Sterling - New Zealand Dollar (GBPNZD) FX Technical Analysis There’s a growing view amongst analysts that the RBNZ may cut interest rates further this year as they struggle with low dairy prices and low inflation. If they were to cut again, it would help to weaken the Kiwi as the interest rate yield advantage would diminish. Whilst NZ jobs data is improving, there’s enough

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