The GBP to NZD exchange rate fell last week as the UK disclosed its newest inflation data alongside the Spring Budget. Currently, GBP/NZD trades around NZ$2.2639, which reflects a slight increase of roughly 0.3% from last Friday’s rate.

As market mood shifts, traders anticipate upcoming key performance indicators that could sway currency valuations. Factors such as consumer confidence, business sentiment, and overall economic stability will play crucial roles in defining GBP/NZD’s future trajectory.

With risk appetite fluctuating, market participants are advised to remain alert to both macroeconomic trends and geopolitical updates. Such factors will contribute towards shaping trading decisions and potential currency movements over the coming days.