NZD Cash rate unchanged and pair GBP/NZD dropped 500 pips

New Zealand kept the Cash rate unchanged and the pair GBP/NZD dropped for a nice 500 pips. Now it is testing the april lows and price closed past that. Technically I am looking for at least another 625 pips drop lower into a more important monthly trend channel low. Before it will retrace. Hope this helps. […]

NZD Cash rate unchanged and pair GBP/NZD dropped 500 pips Read More »