But weakness is to be short-lived as it's still unwise to bet against the GBP/NZD uptrend.
The NZD is highly exposed to sentiment regarding the China-U.S. trade war.
The pound to New Zealand Dollar exchange rate (GBP/NZD) retains a bullish setup and should test the 2025 highs again.
The New Zealand Dollar recovered from its post-RBNZ floor, but one institutional analyst we follow says weakness over the coming months remains likely.
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