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Thread: Nzd Gbp

  1. #1
    Senior Member Toulouse - Luzern's Avatar
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    Smile 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

  2. #2
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    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.

  3. #3
    action-reaction arco's Avatar
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    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
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  4. #4
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    Thanks Arco......

  5. #5
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    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.

  6. #6
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    Thanks dumbass, daughter transferred one third of her money back last week, will suggest to her to hold off bringing more back just yet.

  7. #7
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    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 .

  8. #8
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    This one seems to have fallen out of bed. Wht is the next move?

  9. #9
    action-reaction arco's Avatar
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    Quote Originally Posted by Bilo View Post
    This one seems to have fallen out of bed. Wht is the next move?
    Into the blue/white box zone and then should reverse for a while. White zone has most power, blue zone is outer limits

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