GBP/NZD continues its steady decline as the new trading week begins, going against the grain of the UK currency's recent generally bid tone.

GBP/NZD is looking more constructive as the new trading week begins and looks to be resuming its uptrend after a recent pull-back slowed  progress higher.

The Pound-to-New Zealand Dollar rate was in the process of breaking out of what was thought to be a triangle formation last week.

GBP/NZD is waving bullish red-flags as the new week begins, whilst a major event for pair on the horizon is the New Zealand central bank policy meeting.

The GBP/NZD exchange rate continues to trade in a sideways range as the Pound takes timeout from its longer-term recovery.

The GBP/NZD pair finds itself stuck in sideways range as new trading week begins.

The GBP/NZD pair looks poised to rise up to the November highs as it resumes its uptrend following the recent correction.

GBP/NZD continues pulling-back as we start the new trading week but longer-term the trend remains bullish and is expected to reassert itself in time.

GBP/NZD is trading with an upside bias and could potentially move up to the 1.98s if there is a breakout in the week ahead.

The scheduling of major releases for both currencies in the GBP/NZD exchange rate indicates a potential for a potentially volatile week ahead.

GBP/NZD has been recovering ever since the post Brexit lows, and whilst there is no sign of it ending the very near picture is too clouded to offer a clear forecast in the short term.

With pundits saying the Kiwi is at risk of a deep pull-back the Pound-to-New Zealand Dollar may be poised for gains in the coming week.

New Zealand's largest type of export - dairy products, will have their price fixed at auction this week, with a higher figure supporting the NZD; meanwhile, Sterling traders will be watching inflation data, and the charts point to more downside.

The New Zealand Dollar has weakened substantially in recent weeks and although some analysts are questioning whether it fall any lower the charts are showing a strong uptrend which keeps rallying to new highs.

The charts are looking bullish for the Pound versus the New Zealand Dollar as election slowdown concerns remain a focus, but Brexit talks will have to go well for Sterling to outperform in the week ahead.

The global auction in dairy products is a major release for the New Zealand Dollar given the importance of dairy exports to the New Zealand economy, in the UK there is the Autumn Budget and on the charts, the pair is rising relentlessly.

The Pound-to-New Zealand Dollar (Kiwi) has pulled back as a result of surprise Kiwi strength due to a better economic outlook, the Pound meanwhile remains deadlocked over Brexit.

GBP/NZD has pulled back but not enough to suggest a reversal of the uptrend, but with many expecting the Reserve Bank to turn bullish next week the pair could fall further as the NZD appreciates.

Driven higher by election news, the GBP/NZD exchange rate is now closing in on the key 1.90 level and whilst analysts think there more gains in store the charts call for caution.