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
