Wednesday, December 13, 2017

Top Trades – GBPNZD

Dear Nasril Nizam

Top Trades – GBPNZD

Have you been following recent Forex market developments? Here is how much you could earn by trading the New Zealand dollar (NZD) against the British Pound (GBP) - GBPNZD.

The UK economic indicators were better than expected in October.

  • Based on our GBPNZD technical analysis released on November 17, 2017, you could buy 100,000 GBP with 1:100 leverage at the exchange rate GBPNZD 1.9332 on November 17, 2017 by investing 1319.12 USD (margin for this position).
  • Close the position on November 30 at the exchange rate GBPNZD 1.9806.
  • Therefore, by investing just 1319.12 USD, you could earn 3009.50 USD, (net of $221.52 swap charge), that is increase the investment about 228%.

Try your own successful strategy by trading currency pairs. IFC Markets offers 50 of them.

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