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Prices are our trading platform's bid for GBPNZD. Times are server time, New York + 7 hours (GMT+2 now). Past performance is not a reliable indicator of future results.
The spread when you open, shown live above, and a swap for each night the position stays open. Spreads widen around news and at low liquidity.
Read from our trading platform daily. The specification in MetaTrader 5 always prevails.
Server time is New York time + 7 hours.
The change in each calendar month, from our platform's month-end closing prices (bid). Our history for this instrument starts in November 2021.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −2.91% | −1.10% | +2.37% | +0.04% | −2.39% | +3.92% | −1.99% | +0.05% | +2.82% | +1.01% | +0.33% | |
| 2025 | −1.64% | +2.22% | +1.19% | −1.26% | +0.46% | −0.15% | −0.47% | +2.16% | +1.34% | −1.03% | +0.42% | +1.48% |
| 2024 | +2.93% | −0.01% | +1.72% | +0.57% | −2.26% | +0.10% | +4.08% | −2.74% | +0.24% | +2.45% | −0.39% | +3.94% |
| 2023 | +0.48% | +1.62% | +1.39% | +3.14% | +1.58% | +0.18% | −0.06% | +2.74% | −4.22% | +2.54% | −1.74% | −1.69% |
| 2022 | +3.48% | −2.99% | −4.48% | +2.84% | −0.71% | +0.83% | −0.70% | −1.91% | +4.96% | −1.10% | −2.91% | −0.56% |
| 2021 | +2.00% | +1.36% | ||||||||||
| Average | +0.47% | −0.05% | +0.44% | +1.07% | −0.66% | +0.98% | +0.17% | +0.06% | +1.03% | +0.77% | −0.52% | +0.91% |
| Months higher | 3/5 | 2/5 | 4/5 | 4/5 | 2/5 | 4/5 | 1/5 | 3/5 | 4/5 | 3/5 | 2/5 | 3/5 |
Month to date · Past performance is not a reliable indicator of future results.
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No recent headlines on this instrument.
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GDP MoMGBP
Nov 12, 09:00 · Forecast -0.1% · Previous 0.1%
GDP Growth Rate QoQ PrelGBP
Nov 12, 09:00 · Forecast 0.7% · Previous 0.4%
GDP Growth Rate YoY PrelGBP
Nov 12, 09:00 · Forecast 1.9% · Previous 1.2%
Unemployment RateGBP
Nov 17, 09:00 · Previous 4.7%
High-impact releases for GBP, NZD over the next 7 days, in server time (GMT+2). Dots on the 1D and 5D charts mark recent releases.
GBP/NZD is a minor forex pair representing the exchange rate between the British Pound Sterling and the New Zealand Dollar. This pair attracts traders seeking exposure to two developed economies with distinct monetary policies and economic cycles. While less liquid than major pairs like EUR/USD, GBP/NZD offers compelling trading opportunities, particularly during periods of divergence between UK and New Zealand central bank decisions.
The price of GBP/NZD is primarily influenced by interest rate differentials between the Bank of England and the Reserve Bank of New Zealand, commodity prices affecting the NZD, UK economic data releases, and broader risk sentiment. Dairy exports and agricultural commodities heavily impact the New Zealand Dollar, while inflation, employment, and GDP data from the UK drive Sterling movements. Geopolitical events and central bank policy divergence create significant volatility in this pair.
At GCC Brokers, GBP/NZD is available with automatic execution and no manual intervention. Trade on our Zero account with lower spreads plus a commission, or on our Standard account with no commission. GCC Brokers Limited is regulated by the FSC Mauritius.
GBP/NZD trades 24 hours a day, five days a week. Liquidity is usually best in the European morning, and the pair often moves on UK and New Zealand economic data. The exact hours, in server time, are in the specifications above. News times are in the Economic calendar.
Spreads are variable and depend on market conditions and your account. Standard and Pro have no commission, and Pro has tighter spreads; Zero has raw spreads plus a commission. The live spread is shown on this page.
Key drivers include interest rate differentials between the Bank of England and RBNZ, UK inflation and employment data, New Zealand commodity prices and GDP reports, and risk sentiment affecting carry trade positioning. Central bank communication and divergence in monetary policy outlook create significant moves, while broader USD strength can influence both currencies. Seasonal agricultural factors also impact the New Zealand Dollar component.
GBP/NZD can be traded on shorter timeframes, though spreads are typically wider than major pairs due to lower liquidity in this minor pair. Day traders and scalpers may find better opportunities during London-European session overlap when liquidity improves. Swing traders and position traders often prefer GBP/NZD due to stronger trending characteristics driven by interest rate cycles. Scalping is welcome. Practices that abuse prices or latency, such as latency arbitrage, are not allowed under the Client Agreement.
Orders are executed automatically, with no manual intervention and no requotes. GCC Brokers Limited is licensed and regulated by the FSC Mauritius, and you can trade GBP/NZD on Standard, Pro or Zero accounts in MetaTrader 5.
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Prices stream from our trading platform. Pro and Zero accounts are priced differently; see trading costs below.
