GBP/NZD is in a short-term downtrend that is expected to extend to at least 1.90.

The Pound-to-New Zealand Dollar rate is experiencing its third week of declines as the pair pushes down into the 1.91s - but what is driving the Kiwi’s strength against Sterling, and is it likely to continue?

The Pound-to-New Zealand Dollar rate is trading at around 1.9219 at the time of writing after falling 1.00% in the week before. Studies of the charts suggest the pair will continue falling in line with the dominant downtrend.

GBP/NZD reached four-month lows early this week and could remain under pressure in the short-term.

GBP/NZD elevated into a likely 1.9560-1.9820 range after NZ virus worries rain on RBNZ’s lift-off parade.

The Reserve Bank of New Zealandis tipped to raise interest rates on Wednesday, but the decision comes at an important cross roads for New Zealand's covid strategy.

Resistance to gains is identified at 1.96, 2.0 and then 2.0283, support for weakness in GBP/NZD is identified at 1.9175 and 1.9323.

The New Zealand Dollar is forecast to experience further near-term gains on a combination of fading U.S. Dollar strength and firming expectations for the RBNZ to begin raising interest rates.

GBP/NZD struggling at 2.0 as Kiwi looks to find feet.

The New Zealand Dollar would face losses of up to three percent against the U.S. Dollar, with bullish implications for GBP/NZD.

New Zealand Dollar forecasts held at international financial services provider and investment bank Wells Fargo are pointed lower, despite them expecting an aggressive series of interest rate hikes being lined up by New Zealand's central bank for 2022.

We are deep into the third quarter of 2021, yet the Reserve Bank of New Zealand is being tipped to deliver up to two interest rate hikes before the year is done.

The Reserve Bank of New Zealand is unlikely to raise interest rates in 2021 according to a major investment bank, creating the potential for a readjustment lower in the New Zealand Dollar.

Foreign exchange analysts at Barclays say they expect the New Zealand Dollar to make small advances in the second half of 2021, but a more notable acceleration is likely to be seen in 2022.

The Pound-to-New Zealand Dollar rate remained ascendant early in the new week and was close to printing one-year highs around 1.9950, which would yet be seen if either the U.S. Dollar rebounds further, or if Thursday’s Bank of England (BoE) decision provides Sterling with reason for cheer.

Strategic modelling at Westpac has confirmed the New Zealand dollar is likely to appreciate further.

After six consecutive days of correction lower the Kiwi finally seems to be getting a foothold once more.

An update to their set of exchange rate forecasts see ABN Amro turning more positive on the commodity currency bloc.

The pound may renew its fall versus the New Zealand dollar as the New Zealand economy remains fundamentally sound and Brexit fears remain a ball and chain holding back sterling. 

Two leading institutional researchers have told clients why they are not convinced strength in the NZ dollar will be sustainable in 2016.