Although the pound has weakened versus the New Zealand dollar after the Bank of England’s (BOE) stimulus push, the charts and the fundamentals show the pair evenly balanced.
Read more … →
The GBP/NZD pair is in a descending channel on the four-hour chat, which is expected to extend as the Bank of England prepares to launch a stimulus programme at its policy meeting on Thursday.
Read more … →
More downside seen, as allure of New Zealand interest rates keeps the kiwi dollar well bid.
Read more … →
The GBP/NZD pair (kiwi) rose over a tenth of a cent following the release of trade data which showed a slight loss of momentum in export growth.
Read more … →
The GBP/NZD chart looks like it is forming a rising wedge pattern on the four-hour time-frame, which has bearish implications once it has finished.
Read more … →
The pound to New Zealand dollar stalled after NZD possibly gained support from a 1.9% rise in Whole Milk Powder at the Global Dairy Trade auction on Tuesday.
Read more … →
The GBP/NZD is at a critical technical turning point, with a break below 1.8100 resuming the down-trend, but a break above the current highs continuing the up-trend
Read more … →