The Pound to New Zealand Dollar pair has been trading sideways since the beginning of June and it reamins within that broad range, trading with an upside bias as the new week begins.
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The Pound to New Zealand Dollar was moving in a sideways range during most of June and July but last week it decisively broke lower.
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NZD/USD is describing a 'V' shaped price action over the last 24-hours as varrying factors have impacted on the currency pair
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The pair is broadly moving sideways with a slight upside bias, it is expected to extend higher in the week ahead.
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The New Zealand Dollar to US Dollar has stalled at a key trendline at 0.7300 and now analysts see the pair rotating and falling as the New Zealand Dollar (Kiwi) loses ground due to a negative funda…
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The New Zealand Dollar has been one of the strongest G10 currencies over recent years but its days as top dog may be numbered.
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There is a possibility GBP/NZD will continue higher towards the 1.8000 target, which would gain confirmation from a break above the 1.7915 level.
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