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.
The Pound's recent pullback against the New Zealand Dollar is fading and a rebound is possible in the coming five days if a small technical obstacle can be overcome.