NZD/GBP Transfer

ByDragana My Engine Lab

The latest read in UK Retail Sales has improved the British Pound (GBP) over the past few days coming in at 1.0% for February instead of the predicted -0.3% forecast. The GBP along with recent “risk off” sentiment has pushed the cross through 0.4400 (2.2740) support Monday to post 0.4380 (2.2840) this morning a new 2025 low. Apart for tier 2 UK Manufacturing data releasing Friday the NZD/GBP will move based on big picture themes.

Current Level: 0.4386
Resistance: 0.4470
Support: 0.4365
Last Weeks Range: 0.4410- 0.4464

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