{"id":173948,"date":"2020-07-21T07:39:33","date_gmt":"2020-07-21T11:39:33","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=173948"},"modified":"2020-07-21T07:39:33","modified_gmt":"2020-07-21T11:39:33","slug":"gbpnzd-analysis-brexit-discussion-may-resume-soon","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/07\/gbpnzd-analysis-brexit-discussion-may-resume-soon\/","title":{"rendered":"GBPNZD Analysis: Brexit Discussion May Resume Soon"},"content":{"rendered":"<div id=\"inves-1174707952\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">July 21, 2020<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFCMarkets<\/a><\/strong><\/p>\n<p><strong>Brexit Discussion May Resume Soon<\/strong><\/p>\n<p class=\"emailSummary\">As a reminder, the previous round of Brexit negotiations began on June 29, 2020. The parties did not agree on anything and it was terminated ahead of schedule a few days later. It is not yet known in what format the new discussion may take place. \u0422he UK has formally left the EU, but the transition period will last from 31 January 2020 to 31 December 2020. During this time, the parties must agree on terms of mutual trade. Good labor market data were published in the UK last week. Unemployment in May remained at 3.9%, while it was expected to increase to 4.2%. Retail sales data will be released on Friday, July 24th. Their outlook is positive, which may strengthen the pound. Any progress on the Brexit negotiations would also benefit the British currency. New Zealand&#8217;s June trade balance will be released on July 24. Its outlook is moderately negative, as the surplus is expected to shrink to $0.603 billion from $1.253 billion in May.<\/p>\n<table class=\"analys_tbl\" style=\"padding: 5px 0; border: 1px solid #698da6; border-collapse: collapse;\" cellspacing=\"0\" cellpadding=\"2\" align=\"center\">\n<thead id=\"datapart\">\n<tr>\n<th>Indicator<\/th>\n<th>VALUE<\/th>\n<th>Signal<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\">RSI<\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\"><\/td>\n<td class=\"indicator-signal\" style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Buy<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\">MACD<\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\"><\/td>\n<td class=\"indicator-signal\" style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Buy<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\">MA(200)<\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\"><\/td>\n<td class=\"indicator-signal\" style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Neutral<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Fractals<\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\"><\/td>\n<td class=\"indicator-signal\" style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Neutral<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Parabolic SAR<\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\"><\/td>\n<td class=\"indicator-signal\" style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Buy<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Bollinger Bands<\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\"><\/td>\n<td class=\"indicator-signal\" style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Neutral<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h2 class=\"emailSummary\">Summary of technical analysis<\/h2>\n<table class=\"recommendation\" style=\"padding: 5px 0; border: 1px solid #698da6; border-collapse: collapse;\" cellspacing=\"0\" cellpadding=\"2\" align=\"center\">\n<tbody>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\" align=\"left\" valign=\"top\"><b>Order<\/b><\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\" align=\"left\" valign=\"top\">Buy<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\" align=\"left\" valign=\"top\"><b>Buy stop<\/b><\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\" align=\"left\" valign=\"top\">Above 1.93<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\" align=\"left\" valign=\"top\"><b>Stop loss<\/b><\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\" align=\"left\" valign=\"top\">Below 1.9<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Market Analysis provided by <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFCMarkets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By IFCMarkets Brexit Discussion May Resume Soon As a reminder, the previous round of Brexit negotiations began on June 29, 2020. The parties did not agree on anything and it was terminated ahead of schedule a few days later. It is not yet known in what format the new discussion may take place. \u0422he UK [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-173948","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=173948"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173948\/revisions"}],"predecessor-version":[{"id":173954,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173948\/revisions\/173954"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=173948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=173948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=173948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}