Posts Tagged ‘Crossroads’
GBPNZD Remains at the Crossroads Ahead of New Zealand’s Inflation Report
Author: Germina Lake
The GBPNZD continues to trade in a descending channel on the 15 minute chart ahead of New Zealand’s inflation report. As the British pound is due for a much needed correction, I do not rule out losses from its current level.
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Tags: ahead, Crossroads, GBPNZD, Inflation, Remains, Report, Zealand's | 
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EURGBP At the Crossroads of the 100-Day Moving Average
Author: Germina Lake
The EURGBP is looking for direction during the North American session, with focus surrounding the 100-day SMA. A close above this moving average may set the stage for a long trade, while a failure will lead to downside risks back towards 0.8276.
View full post on DailyFX – Analyst Picks – Today’s Picks