GBPNZD rebound is put on ice, but too soon to predict an outright decline.

GBPNZD short-term outlook is constructive, but NZD could benefit on any global sentiment improvement.

GBPNZD looks comfortably supported, upside can extend short-term.

GBPNZD can continue to stay supported above the 2.0275 level over the coming days as a 'relief' rally looks to extend further, however, data out of China could boost the Kiwi if it confirms a pickup in activity is underway.

Pound Sterling is now impressively oversold against the New Zealand Dollar and we continue to look for a correction, but an important meeting of the Reserve Bank of New Zealand risks spurring the GBP/NZD exchange rate through the 2.0% if a 'hawkish' tone is struck.

GBPNZD can consolidate following a period of losses that have left it deeply oversold.

The New Zealand Dollar faces a "longer and tougher fight" according to the most recent analysis of the currency from the global banking giant HSBC.

The British Pound continues to undergo a corrective pullback against the New Zealand Dollar that can extend further over the coming days, although Thursday's Bank of England decision and some important data releases out of New Zealand will offer two-way volatility.

The New Zealand Dollar's decline could be done according to new forecasts from Westpac, the lender and investment bank.

The Pound has fallen 2.30% from its 2023 highs against the New Zealand Dollar thanks to a recent cooling in Bank of England interest rate hike expectations and improved sentiment towards China.

The Pound to New Zealand Dollar exchange rate remains in a broad multi-month uptrend but short-term is subject to a pullback.

GBPNZD remains in a strong uptrend, short- and medium-term favour gains, empty calendar leaves central bank divergence in focus.

GBPNZD starts the new week on the defensive but there is a high likelihood that losses will be recouped over the coming days.

GBPNZD in a technical uptrend, 2023 highs can be retested and broken, but UK jobs report on Tuesday and RBNZ on Wednesday are risks.

Analysis from Capital Economics shows the New Zealand Dollar is likely to struggle as the Reserve Bank of New Zealand will likely lead the next interest rate-cutting cycle, a development that is potentially not too far given fresh warnings from a domestic bank that the economy faces a double-dip recession.

The New Zealand Dollar begins the new week with a notable gain against most G10 currencies, extending its upward momentum from Friday, supported by a firm Asian equity market session and positive investor sentiment.

"Narrowing interest rate differentials reduce a key NZD tailwind" - ASB.

GBPNZD uptrend firmly entrenched, restest of 2023 highs likely near-term.

Relief for New Zealand Dollar sellers might be in prospect in the second half of 2023 according to Westpac which has released forecasts showing a recovery against the British Pound.

GBPNZD sees 2023 high close by, technical studies remain bullish, UK inflation and Bank of England pose two-way risk.