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Despite underperforming (particularly......>

STERLING
STERLING: Despite underperforming (particularly against the EUR and USD) over
the past week or so, GBP/NZD has rallied sharply over the past four sessions and
is fast approaching the NZ$1.9839 level, which marks the post-Brexit high. Above
there, the next level of resistance lies at NZ$1.9915, the 61.8% Fib level for
the NZ$2.2003-1.6537 move.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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