The Pound looks set to weaken against the New Zealand Dollar in the coming five days; however, the multi-year uptrend remains intact.
GBP/NZD: 2.20 Before 2.40
- Category: NZD
GBP/NZD could be on course to test 2.20 as last week's snap-back opens the door to softer near-term trading conditions.
Pound to New Zealand Dollar Week Ahead Forecast: Near-term Pullback Seen Amidst Persistent Topside Bias
- Category: NZD
The Pound can retreat from its recent highs against the New Zealand Dollar in the coming two weeks.
GBP/NZD has rallied as sentiment suffers a setback, but the move is looking overheated in the short-term.