GBP/NZD is recovering from a recent 1.8713 low and appears to be pushing higher on a near-term bullish falling wedge pattern. The cross faces the risk event of a Reserve Bank of New Zealand (RBNZ) policy meeting on 13 April where a dovish outcome would underpin further advances, Benjamin Wong, Strategist at DBS Bank, reports.
“The lack of data since the February 25 bps rate hike has us veer towards an ideal 25 bps rate hike, with the RBNZ likely to hold back on its gunpowder before the 25 May monetary policy statement which would provide a timely update. This dovish outcome is supportive for a higher advance on the GBP/NZD cross.”
“The weekly Ichimoku chart reveals the cross has ventured into an oversold reading. However, there are limitations too given the weekly MACD signal remains bearish. The cross’ first resistance of sorts rests into the Ichimoku cloud fringe at 1.9299. Sustaining gains over that would start to build the case for the upside for the mid-March highs contouring 1.9368.”
“Shifting to a short-term time frame, one can see that the cross is enjoying the support of a bullish falling wedge reversal.”
See – RBNZ Preview: Forecasts from six major banks, surprising with a double shot hike?
© 2000-2026. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.