The Pound has reached its highest level since December 2015, but now looks prone to a pull back in order to correct from overbought conditions.
The British Pound is consolidating against the New Zealand Dollar as markets await fresh data and developments.
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.