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The Pound advanced against the New Zealand Dollar Monday after the UK's exit from the EU was delayed for a third time although strategists at TD Securities have made selling Sterling relative to the Kiwi their 'trade of the week' and are tipping the exchange rate for losses ahead.
October 29,2019
Studies of the charts show GBP/NZD has pulled back after peaking on October 16 and is now trading in a sideways range with a very marginal bullish bias.
October 28,2019
Studies of the GBP/NZD charts show the pair has reached a key level where it is encountering tough resistance, but a break to a new high would green-light further upside.
October 21,2019
Studies of the GBP/NZD charts suggest the pair may be forming a bullish continuation pattern with more upside expected in the near-term.
October 14,2019
The Pound-to-New Zealand Dollar rate was trading around 1.9603 at the beginning of the new week, relatively unchanged from the week before, but studies of the charts suggest balanced risks of either a break higher or lower over the coming five days.
October 8,2019
The Pound-New Zealand Dollar exchange rate may continue to churn sideways beneath key resistance at 2.00, but eventually it could break higher if an established uptrend resumes.
September 30,2019
The New Zealand Dollar extended a short-term recovery on Thursday in the wake of guidance from the Reserve Bank of New Zealand that interest rates cuts "are working" and that the central bank is unlikely to resort to unconventional policy such as quantitative easing.
September 26,2019
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