The British Pound is consolidating against the New Zealand Dollar as markets await fresh data and developments.
The New Zealand Dollar strengthened after the Reserve Bank of New Zealand (RBNZ) appeared to have performed a final 50 basis point interest rate cut.
GBPNZD is forecast to push higher in a week that will see the Reserve Bank of New Zealand (RBNZ) cut interest rates and the UK deliver inflation data.
The New Zealand Dollar must deflate to mitigate the impact of the evolving global trade war.