Pound to New Zealand Dollar Forecast: 2.1497 in Three Months

The Pound remains a 'buy on dips' against the New Zealand Dollar.

NZD looks set to fall against the EUR and GBP next year, however, it will advance against USD as the Trump euphoria fades.

GBP/NZD is in a multi-month trend of appreciation, but this week, we could see some losses as a short-term pullback plays out.

The New Zealand Dollar will stage a decent recovery this week if Kamala Harris wins the U.S. presidential vote.

GBP/NZD is forecast to maintain its short-term upside momentum in the coming five days.

The big brains at the world's investment banks think the Pound is still too richly priced against the New Zealand Dollar, according to a new survey.

GBP/NZD is trending higher, and we see little reason to stand in the way of a setup that favours modest gains in the coming days.

Pound Sterling is forecast to maintain a bullish trend against the New Zealand Dollar in the short term, although roadbumps ahead include inflation numbers out of both the UK and NZ.

Of all the GBP exchange rates we monitor in our Week Ahead Forecast coverage, GBP/NZD is looking the most bearish.

The Pound and New Zealand Dollar have a lot of fundamental similarities, which have conspired to suppress volatility in GBP/NZD.

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.

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.

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.

Of the major Sterling exchange rates, GBP/NZD is under the most pressure, but we could see some relief later in the week.

The Pound to New Zealand Dollar exchange rate is battling to maintain a constructive feel, thanks to an improved global investor sentiment.

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.

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.

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.

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.

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.