Forecast for the GBP/NZD currency pair from ING

The New Zealand dollar (GBP/NZD pair), as the G10 reserve currency for Asian countries, is naturally under pressure in anticipation of announcements.

«AUD и NZD сильно пострадали в G10 во второй половине марта из-за усиления давления со стороны китайских юаней. Мы не видим особых перспектив, учитывая наш относительно пессимистичный взгляд на торговую политику США, которая будет введена в апреле», — говорит Франческо Пезоле, валютный стратег ING Bank.

“However, the overall picture from both a fundamental and technical perspective points to continued gains in GBP/NZD.

From a technical perspective, the chart is trending higher, with GBP/NZD dips being bought out, and the next leg of gains is likely to take the 2.37 level by mid-year,” writes Poundsterlinglive.com

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