GBP/NZD: let's take profit occur before buying againWith strong bullish momentum, GBP/NZD remains attractive for long positions. Fundamentals favor the GBP over the NZD, while technicals suggest room for further upside.
Fundamentals:
- GBP Strength: Hawkish Bank of England and resilient UK economy.
- NZD Weakness: Recession in New Zealand and dovis