Fx rates nzd gbp
Trend-Line Support as New Resistance.
Bull Flag Break Opens Door for Continuation. 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.
NZD to GBP Exchange Rate - Bloomberg Markets
British Pound to Remain Lower after UK Election Surprise. DailyFX US Desk Round Table: GBP Resilient Post-Brexit; USD Fragile Despite Rebound. DXY Index Finds Support, Bullish Wedge Taking Shape? But don't just read our analysis - put it to the rest. Your forecast comes with a free demo account from our provider, IG, so you can try out trading with zero risk.
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