GBP/NZD starts the new week higher amidst a selloff Asian and Australian currencies linked to the weekend developments in China, but the prospect of a material advance in the pair remains limited.
November 28,2022
NZD is the best-performing major currency of November, but this outperformance will likely fade over the coming days, offering GBP the chance to consolidate towards the middle of a long-held trading range.
November 7,2022
The Pound to New Zealand Dollar exchange rate recovery of early October has given way to a corrective setback that deepened in midweek trade due to a strong performance from the Kiwi and ahead of a Bank of England (BoE) policy decision that will either make or break the rebound for Sterling.
November 2,2022
The Pound to New Zealand Dollar exchange rate has remained buoyant near to early October highs thus far in the new week but may already have reached the end of recovery road previously and could now be likely to consolidate recent gains given a pickup in market appetite for the Kiwi.
October 11,2022
Global Reach Group have released their latest pack of key Pound Sterling forecasts covering the remainder of 2022 and the first three quarters of 2023.
October 10,2022
The New Zealand Dollar extended a 15-month downtrend against the U.S. Dollar and appeared headed for March 2020 lows during the midweek session but may have better prospects against Sterling, which could see sharp losses following Thursday's Bank of England (BoE) policy decision.
September 21,2022
The Pound to New Zealand Dollar rate climbed from near post-pandemic lows early in the new week but the outlook for it depends as much on whether the NZD/USD pair can hold above recent lows as it does the market’s reception of the new UK Prime Minister’s incoming economic policies.
September 6,2022
The Pound to New Zealand Dollar exchange rate remains close to its early August lows but has been finding support around 1.8950 in recent sessions and could be likely to stabilise above this level in the short-term without a sustained improvement in global market risk appetite to lift the Kiwi.
August 31,2022
The Pound to New Zealand Dollar exchange rate began to unwind a short-lived mid-month recovery this week but would be likely to unravel further in the days ahead if the Kiwi continues to outperform while Sterling remains a laggard among the major currencies.
August 25,2022
GBP/NZD will likely remain heavy over coming days although price action will likely remain choppy and the lows near 1.88 should be defended.
August 22,2022
August 11,2022
The Pound to New Zealand Dollar rate received a bid from the market when falling back near to four-month lows early in the new week but would risk slipping back beneath the nearby 1.92 level if the Kiwi is able to build further on a tentative rebound against the U.S. Dollar in the days ahead.
August 9,2022
Westpac sees the potential for further weakness in the New Zealand Dollar over the short term but by year-end the currency should be appreciating more noticeably.
August 9,2022
The Pound to New Zealand Dollar exchange rate has climbed from three-month lows but the buoyant Kiwi Dollar could mean that Sterling struggles to get far above the nearby 1.95 level and ultimately remains limited by tough technical resistance up around 1.9624 in the days and weeks ahead.
August 2,2022
August 4,2022
The Pound to New Zealand Dollar rate entered the new week on the front foot but may be at risk of another flush below the 1.92 level and could struggle to get far off the ground amid a busy schedule of event risks in the days ahead.
July 26,2022
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