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GBP/NZD

The post-financial crisis and massive central bank stimulus that followed in developed nations has led to some of the lowest bond yields in history. In a move to find higher returns, cash has moved abroad into economies that offer higher yielding assets. Countries such as New Zealand have benefitted during these times, but with the Fed's move to scale back asset purchases in combination with slower growth in China, the four year trend may be showing signs of fundamental weakness.

GBP/NZD Rate

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Weekly British Pound and New Zealand Dollar Trading Forecast

Symbol Forecast Outlook

British Pound and New Zealand Dollar News

GBPNZD Responds to Key Support- Scalps Target Resistance at 2.0550
The GBPNZD rebound is in focus with our near-term bias at risk just below resistance. Here are the updated targets & invalidation levels.
GBPNZD - Consolidating After Major Channel Breakout
GBPNZD bullish consolidation.
GBPNZD - Symmetry In Motion
GBPNZD showing symmetry on rallies dating back to September.
GBPNZD At Key Channel Resistance
GBPNZD at key resistance.
GBPNZD Opening Range in Focus Ahead of BoE- 1.9722 Key Support
The pair has come into key technical support early in the month with the opening range now taking shape. Here are the updated targets & invalidation levels.

Forex Economic Calendar

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Date Time Currency Event Importance Actual Forecast Previous Notes
Thu
Feb 26
09:30
GBP Gross Domestic Product (YoY) (4Q P) 2.7% 2.7% 2.7%