GBP/NZD has rallied as sentiment suffers a setback, but the move is looking overheated in the short-term.
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.
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Global Currency Exchange Network Ltd T/A GC Partners. Global Currency Exchange Network Ltd is authorised by the FCA under the Payment Services Regulations, 2017 (FRN: 504346). Registered as a Money Services Business, regulated by HM Revenue & Customs ("HMRC") under the Money Laundering Regulations 2017. (Registration number is 12137189). Registered in England and Wales. Company number 04675786. Registered Office 3rd Floor 100 New Bond Street, London, England, W1S 1SP.
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