Upside pressurse on the Pound to New Zealand Dollar rate building

GBP/NZD is looking increasingly positive now that it has overcome the 100-day moving average on the daily charts.

December 2,2016

new zealand dollar to us dollar 1

The New Zealand Dollar is showing promise, according to Westpac, who have flagged the currency up as a moderate to high conviction trade.

December 1,2016

new zealand dollar 1

A bullish chart pattern is indicating more upside is probable in the coming five days as the pound gains support from better-than -expected data.

November 29,2016

new zealand dollar 3

The GBP/NZD pair has formed a bullish continuation pattern after a strong move off the November 8 lows and looks likely to continue moving higher.

November 24,2016

new zealand dollar 2

GBP/NZD has formed a bullish chart pattern following Trump’s presidential win, as flows were diverted away from higher-yielding currencies such as the New Zealand Dollar due to a closing interest rate differential.

November 21,2016

new zealand dollar economy 1

The GBP/NZD pair looks poised for further gains after breaking above a key trend-line and then completing a small pull-back, now it just needs some momentum over a key resistance level. 

November 18,2016

new zealand dollar 3

BNZ bank have kept their forecasts for NZD/USD the same despite an upset to their expectations of a Clinton victory in the presidential elections.

November 15,2016

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