GBP/NZD Forecast: Pound Price Firms vs Kiwi Dollar on Disappointing New Zealand Release

  • As we move into Tuesday's European session, movement in the Pound to New Zealand Dollar exchange rate is likely to be driven by market appetite for risk, amid a lack of fresh economic indicators from the UK and New Zealand. As an acutely risk-sensitive currency, NZD exchange rates could be supported by a return to upbeat trading.