The Pound to New Zealand Dollar exchange rate entered the new week on the front foot and may have scope to edge higher in the days ahead although a cluster of moving averages located around the 1.93 level could eventually frustrate Sterling's recovery.
January 10,2023
The Pound to New Zealand Dollar exchange rate opened the New Year with strong gains but could struggle to advance much further in the days ahead and may be at risk of losses over the coming weeks as current inflation and interest rate differentials suggest 'fair value' is between 1.8382 and 1.8896.
January 3,2023
The Pound to New Zealand Dollar rate climbed from near three-month lows to open the new week and could be likely to remain buoyant in the days ahead but a resilient Kiwi and divergence of fortunes between the New Zealand and UK economies remains a headwind for GBP/NZD.
December 19,2022
The Pound to New Zealand Dollar exchange rate appeared poised to break below a notable technical support on the charts early in the new week but would risk falling to 1.90 or below if the Kiwi's recovery continues and market bets on the Bank of England (BoE) outlook burden Sterling this Thursday.
December 13,2022
The Pound to New Zealand Dollar exchange rate edged higher from near November lows this week but could struggle to advance much further from current levels without a partial unwinding of a now-stalled recovery in NZD/USD or a broader rebound in U.S. Dollar exchange rates up ahead.
December 7,2022
GBP/NZD has eased back of late amidst clear NZD outperformance.
December 5,2022
GBP/NZD starts the new week higher amidst a selloff Asian and Australian currencies linked to the weekend developments in China, but the prospect of a material advance in the pair remains limited.
November 28,2022
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