GBPNZD

The GBP should be offered today as Boris Johnson takes a strong stance on his do or die Brexit approach. He is neither confirming to abide by the Benn Bill or rule out prorogation of Parliament mach 2

The NZD is supported as the RBNZ rules out unconventional monetary policy after the RBNZ stayed on hold this week.

I mentioned this outlook up earlier in the session here. If price pulls back on the GBPNZD I expect sellers on pullbacks. The risks to this outlook is if there is any positive GBP Brexit news. which of course is a real risk on the Brexit driven GBP right now.

GBPNZD