The Pound to New Zealand Dollar exchange rate actually weakened on Tuesday, as the New Zealand Dollar failed to break below key support levels and instead rebounded from recent lows.
New Zealand Dollar trade was supported by briefly stronger risk-sentiment too, although trade war concerns helped GBP/NZD to advance again on Wednesday morning.
This week’s New Zealand data has all been published, meaning NZD investors are likely to await next week’s data or trade based on risk-sentiment and US trade developments.
The overview update is provided by TorFX, a leading foreign exchange broker. Click here for market leading GBP/NZD exchange rates
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