As we enter the new week, the GBP/NZD continues snaking sideways below the 50-day moving average which must be overcome if we are to see the early-February recovery extend.
February 20,2017
The New Zealand Dollar dipped on Friday after data released overnight showed a slight slowdown in shop sales in the fourth quarter of 2016.
February 17,2017
GBP/NZD is stuck in a range between 1.68 and 1.75.
February 15,2017
The NZ Dollar is seen benefiting on a combination of improved global investor sentiment and higher commodity prices.
February 15,2017
GBP/NZD is trading in a range roughly between 1.68/70 and 1.75 and may also be tapering to a point within that range as its constituent waves narrow.
February 13,2017
GBP/NZD is trading in a range roughly between 1.75 and 1.70 and may also be tapering to a point within that range as its oscillations narrow.
February 9,2017
GBP/NZD appears to be resuming its short-term downtrend after temporarily pulling back up to 1.7400 - and it has now moved down to support at 1.7000.
February 6,2017
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