Nzd Gbp

In these volotile times ...
Appreciate some comments
100,000 GBP to bring home to NZ.
Intraday low was .33 ish until co-ordinated OCR changes / RBNZ statements raised it from the lows.
RBNZ 23 Oct expected OCR changes
Comments strategy anyone.
Reliable safe operator to use
Can you set trigger point

I'd be interested in replies too. Have a daughter just returned from UK, still has her money in UK waiting to bring it home. I keep saying do it now.

Gentlemen

I'd like to help but I dont trade this one myself, and at the moment due to high volatility I am day trading.

To me it looks like there may be a possibility of a move back to 50% Fib to test old support (red horizontal). If that occurs we must then re-check the chart

Perhaps DB can put an EW count up for you.

TL. Moving money. I would have though a simple electronic transfer would suffice. NB was pretty quick/efficient last time I moved funds UK-NZ (Although at that point it was still owned by Lloyds UK). Someone asked this question before and there was a slightly cheaper option....perhaps do a seach on the FX forum).

(I've personally used Lloyds UK to NZ, and ASB/NB in NZ for international transfers - always found it very speedy).

arco

Thanks Arco......

hi there,
always get a bit nervous when people ask advice but here goes.

weekly chart posted indicates pound in a correction against new zealand dollar

flat correction for anyone who cares.

my call would be for the pound to strenghten against new zealand dollar.

probably quite quickly as in a third wave of a c wave

minimum target 3.07 but could move higher

risk to being wrong is way down at 2.56.

if you need anymore info just let me know.

Thanks dumbass, daughter transferred one third of her money back last week, will suggest to her to hold off bringing more back just yet.

qoh , ive been watching this one and willing it in the right direction for your daughter.

it looks ready to run up to test at least the 3.oo level i would have your daughter on standby to transfer maybe another 1/3 when this rally up runs its course

may provide a good sell a bit higher than 3.oo

ill keep you posted .

This one seems to have fallen out of bed. Wht is the next move?

Quote:

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Originally Posted by Bilo

This one seems to have fallen out of bed. Wht is the next move?

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Into the blue/white box zone and then should reverse for a while. White zone has most power, blue zone is outer limits

http://i38.tinypic.com/2utj7uh.gif