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US retail sales and CPI awaited

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 3, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    New Zealand Dollar Highlights GBPNZD has entered a consolidative phase US retail sales and CPI awaited Sterling - New Zealand Dollar (GBPNZD) FX Technical Analysis Having traded to a multi-year high of 2.50+ in August, and 2.45+ in September, we have seen GBPNZD correct over the course of October and enter a consolidative phase. This has been due to a combination of factors, including disappointment over the lack of a rate cut from the RBNZ in September, an improvement in dairy prices and a

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