The New Zealand Dollar (NZD) kicked off the week well against the British Pound (GBP) gaining almost immediately off 0.4685 (2.1350) levels to 0.4705 (2.1260). UK Manufacturing in August came in below expectations at 51.5 against 52.3 indicating a slowed rate of economic recovery from June. The Kiwi jumped on the back of the AUD rise post the RBA rate hold yesterday along with fresh record highs in the DOW and S&P it has posted 0.4730 (2.1140) this morning.
Current Level: 0.4728
Resistance: 0.4760
Support: 0.4685
Last Weeks Range: 0.4679- 0.4725