There's a big technical challenge underway in GBP/NZD.
The New Zealand Dollar is firmer at the start of the new month.
The Pound to New Zealand Dollar exchange rate (GBP/NZD) continues to point higher.
NZD would strengthen if RBNZ restrains expectations for deeper interest rate cuts.
Horizon Currency Ltd
Albany House
14 Shute End
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RG40 1BJ Companies House Registration: 11242368
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Payment Services are provided by Equals Connect Limited, registered in England and Wales (registered no. 07131446). Registered Office: Vintners’ Place, 68 Upper Thames St, London, EC4V 3BJ. Equals Connect Limited are authorised by the Financial Conduct Authority to provide payment services (FRN: 671508).