The Bank of England Interest Rate meeting is top of the agenda for this currency pair in the next week.
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Although the New Zealand Dollar is trading 29% above ‘fair value’ versus the Pound this no reason to see at a sell, argues BNZ’s Stephen Toplis.
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The New Zealand Dollar wobbled at the start of the new week on the resignation of New Zealand's Prime Minister Key.
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A ‘stale’ monetary climate in the UK coupled with an overvalued New Zealand Dollar make them a winning combination, according to Jeremy Stretch.
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GBP/NZD is looking increasingly positive now that it has overcome the 100-day moving average on the daily charts.
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The New Zealand Dollar is showing promise, according to Westpac, who have flagged the currency up as a moderate to high conviction trade.
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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.
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