Introduction GBP/NZD Pair

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The GBP/NZD (Great British Pound/New Zealand dollar) is the relation of the Pound (Sterling) against the New Zealand dollar. The GBP/NZD cross currency gives one the possibility to convert Pound’s directly into New Zealand dollar’s (1 GBP per x NZD).

Forex Knowledge: Trading the Pound/New Zealand dollar

  • Typical broker spread: 6-11 pips
  • Most active trading sessions: London and US session / GBP & NZD economic events
  • Most active trading hours: 7:00 GMT -18:30 GMT
  • Average daily range (high-low): 275 pips
  • Trading strategies to trade GBP/NZD: Click here
  • Recommended level of trading experience: Expert
  • Value of one pip GBP/NZD: Variable

Economic Events That Move GBP/NZD

A. United Kingdom

  • Current Account
  • Trade Balance
  • Non-EU Trade Balance
  • Visible Trade Balance
  • Gross Domestic Product (GDP)
  • NIESR GDP Estimate
  • Consumer Price Index (CPI)
  • BOE Rate Decision
  • Bank of England Meeting Minutes

B. New Zealand

  • Gross Domestic Product (GDP)
  • ANZ Commodity Price Index
  • Retail Trade
  • RBNZ Rate Decision