Look at the chart of the Pound to New Zealand Dollar exchange rate below; you will notice the blue line running along the top of the recent daily bars.
September 16,2024
The New Zealand Dollar is predicted to rise into the middle party of 2025 against most major currencies, according to a new update from economists at Westpac.
September 12,2024
The technical and fundamental outlook advocates for further gains by Pound Sterling against the New Zealand Dollar in the coming week, according to our Week Ahead Forecast.
September 9,2024
Of the major Sterling exchange rates, GBP/NZD is under the most pressure, but we could see some relief later in the week.
September 9,2024
The Pound to New Zealand Dollar exchange rate is battling to maintain a constructive feel, thanks to an improved global investor sentiment.
August 27,2024
The Pound to New Zealand Dollar exchange rate has resumed its recent correction lower in tandem with many US Dollar pairs and it could be likely to remain heavy, with a downside bias over the coming days.
August 20,2024
The Pound to New Zealand Dollar exchange rate has unraveled much of its July rally in recent trade but the author's model suggests it's likely to stabilise above 2.11 in the week ahead, with any rallies fading once near or above 2.14.
August 12,2024
The New Zealand dollar rallied strongly on Wednesday, driving GBP/NZD back to one-month lows and some key support levels on the charts, following a better-than-expected second quarter labour market report.
August 7,2024
The Pound to New Zealand dollar exchange rate has receded from post-pandemic highs but the author’s model suggests it should remain supported above 2.14, and that it could have scope to rise back above 1.16 up ahead.
August 6,2024
In our previous edition of the Week Ahead Forecast, we opined that the Pound to the New Zealand Dollar was due to a pullback from notably overbought conditions.
July 29,2024
The Pound to New Zealand Dollar is on course to break the 2023 high at 2.1587, but warning lights are flashing that this is a very overbought exchange rate.
July 22,2024
The Pound to New Zealand Dollar exchange rate can deliver more gains in the coming week, but beware of overbought conditions and any pullback if UK wage and inflation figures undershoot midweek.
July 15,2024
The Pound to New Zealand Dollar exchange rate can remain supported into the midweek policy decision at the Reserve Bank of New Zealand.
July 8,2024
The Pound to New Zealand Dollar exchange rate is forecasted to extend a recent rally towards 2.0832 in the coming days. Friday's U.S. jobs report is the week's focus for NZD, while Thursday's UK election is the focus for GBP.
July 1,2024
The New Zealand Dollar has been strengthening against the British Pound since the start of May and there is nothing to suggest its run of appreciation is about to end.
June 24,2024
The Pound to New Zealand Dollar exchange rate remains under pressure and is forecast to test early June lows again.
June 17,2024
The Pound to New Zealand Dollar exchange rate has more work to do if the outlook is to flip to constructive; in this regard, Wednesday's U.S. inflation print could be the determining factor.
June 10,2024
GBP/NZD is forecast to remain under pressure in the coming days, but a strong U.S. job print could offer the Pound some relief.
June 3,2024
The New Zealand Dollar is enjoying something of a purple patch right now, and we don't think it is time to stand in its way.
May 28,2024
There are definite signs of a weakening trend in the Pound to New Zealand Dollar exchange rate and technicals are increasingly pointing to lower outcomes.
May 20,2024
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