Both GBPUSD and NZDUSD have enjoyed strong rallies recently and both have flagged into the end of this past week. Technicals offer tempting scenarios of heavy trend or sharp reversal depending on how we interpret them. Adding fundamentals to our checklist can help us better gauge breakout versus follow through. Amongst the myriad of factors that go into determine an exchange rate, there are two key fundamental dynamics that guide the market most of the time. Today's Forex Strategy video explains the importance of risk trends and interest rates using the appealing cable and NZDUSD as examples.
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