The UK has decided to up the aid to the Ukraine and massively expand defence spending, preparing for war in Europe. The Government deficit and debt have blown out and this is a further excuse to drive the economy into the ditch. The UK are in dire economic straits and the war drums are cover. The NZD/GBP traded in the range of 0.4410 (2.2690) and 0.4455 (2.2450), boosted by the crashing reserve.
Current Level: 0.4452
Resistance: 0.4470
Support: 0.4410
Last Weeks Range: 0.4407- 0.4462