The pair has broken out of a parallel channel from 2017 and is expected to retrace to test the lower channel before heading lower.
The CFTC COT WEEKLY DATA shows that the Kiwi 🥝 Dollar has been getting stronger and stronger bouyed by the swift and effective response by the government on Covid19. Last week's fundamental data from New Zealand has been bullish and the country's currency is expected to beat expectations.
The Pound on the other hand is facing headwinds as the Brexit deadline approaching. A No - Deal remains a high possibility with EU 🇪🇺 countries preparing for the exact situation.
Personally, I remain bearish on all GBP pairs with the exception of GBPUSD.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在
使用条款阅读更多信息。