NZD/GBP and Close Price Forecast

　　At 0.7088 and a rising line, the NZD showdown is on the way as ranges compress by the week.

　　A lower NZD automatically assists to a drop in non USD currencies GBP/USD, EUR/USD and AUD/USD. Required for an NZD/USD drop is NZD/CAD breaks 0.9091, NZD/CHF 06367 and NZD/JPY must clear its 10 year average at 75.46. NZD/USD is following NZD/CAD to trade in tight 200 pip ranges while NZD/JPY remains in severe overbought territory.

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　　GBP/USD next above confronts 1.4300 and the 10 year average at 1.4438 while massive overbought GBP/JPY remains confined between 5 and 10 year averages at 142.40 to 148.29. Both GBP/USD and GBP/JPY as GBP drivers force GBP/NZD, GBP/CAD and GBP/CHF into stratospheric overbought and untouchable as long trade currencies. Short GBP currencies are the only trade strategies available especially to GBP/USD‘s 900 pip rise in the past 3 months from 1.3100’s to 1.4000s.

　　Close Prices Forecasts

　　EUR/USD 1.2082

　　EUR/JPY 127.22

　　EUR/CAD 1.5408

　　EUR/NZD 1.6799

　　EUR/AUD 1.5548.

　　[fx-article-ad]GBP

　　GBP/USD 1.3921

　　GBP/JPY 146.56

　　GBP/CHF 1.2453

　　GBP/CAD Doesnt matter, short anywhere

　　GBP/NZD 1.9223

　　GBP/AUD 1.7818

　　AUD

　　AUD/USD 0.7776

　　AUD/JPY 81.95

　　AUD/CHF 0.6956

　　AUD/CAD 0.9877

　　NZD/USD

　　NZD/USD 0.7224

　　NZD/JPY 76.16

　　NZD/CHF 0.6437

　　NZD/CAD 0.8142

　　USD/CAD 1.2704

　　USD/JPY 105.18