GBP/NZD rallies are capped for now, but the charts hint at an eventual move higher through a sticky point of resistance.
Kiwi businesses don't look ready to pass on cost increases. That's good for consumers and the Reserve Bank.
The pound-New Zealand dollar exchange rate drops 0.40% to 2.2930 on Monday, amidst a solid start to the new week for NZ exchange rates.
The New Zealand dollar is rising on rate hike bets, but a rapidly weakening economy may not hold.
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