GBP/NZD has rallied as sentiment suffers a setback, but the move is looking overheated in the short-term.
Pound to New Zealand Dollar Week Ahead Forecast: New 12-Year Highs if UK Data Falls into Place
- Category: NZD
GBP/NZD exchange rate is bullishly aligned and can print fresh 12-year highs if this UK's busy event calendar lands as expected.
Headlines on Yuan weakness have pushed the NZ Dollar sharply lower.
GBP/NZD is set to retreat in the coming days as the uptrend takes a breather.