Pound Sterling/New Zealand Dollar Financial Spread Betting and Trading Guide with Charts and Prices
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GBP/NZD Spread Betting Guide

GBP/NZD Spread Betting



Where Can I Spread Bet on GBP/NZD?


Investors can speculate with no brokers' fees and no commissions on GBP/NZD through an account with the following spread betting firms:

GBP/NZD Market Analysis and Trading News


Date Trading Update
09-Oct-17 [12:48pm]

GBP/NZD Daily News

  • GBP/NZD is currently trading at NZ$1.85994.
  • Overnight, the market closed NZ$0.00783 (0.43%) higher at NZ$1.84990.
30 Minute Analysis

Rising Forex Pair The forex market is trading above the 20-period MA of NZ$1.85337 and above the 50-period MA of NZ$1.84841.

1 Day Analysis

Rising Forex Pair The forex pair is trading above the 20-day MA of NZ$1.85202 and above the 50-day MA of NZ$1.81701.

Update by Gordon Childs, Editor, CleanFinancial

» More forex trading views and analysis.

Readers please note:


Where Can I Find Live Spread Betting Prices and Charts for GBP/NZD?


The following CFD chart will give you a good overview of the GBP/NZD forex pair.


The Plus 500 chart that we use above is typically based on the GBP/NZD futures market (not the daily market).

Should you want to study real-time spread trading prices and charts for GBP/NZD, you generally need a spread trading account.

In addition, a spreads account also lets you access the shorter-term daily prices. Readers should note that accounts are normally dependent on suitability and status checks.

Should your new account be accepted then you can log on and check the live prices and charts. On most platforms, these are free, however, the catch is that you are likely to get the odd letter or email from the provider.

Of course, if you do decide to trade then, before starting, remember that CFD trading and spread trading do involve a high level of risk to your capital and it's possible to incur losses that exceed your initial deposit.

Advanced Charting Packages for GBP/NZD


Even though charting software/packages normally differ between platforms, in order to assist you with your analysis, the charts often have handy tools and features, including:
  • A broad range of time intervals such as 3 minutes, 1 hour, 1 day etc.
  • Different chart types such as candlestick, OHLC and line charts
  • Tools for drawing/adding features such as Fibonacci time zones, arcs and fans

Charts provided by FinancialSpreads also come with more advanced aspects, including:
  • BackTesting tools and Customisable Indicators
  • Numerous overlays such as EMA, Ichimoku Cloud, Linear Regression etc.
  • A selection of indicator charts such as TSI, Williams %R, Forecast Oscillator etc.
  • Automatic email notifications when a market hits a certain level

Example forex chart

GBP/NZD Trading Guide - Example Chart


The following spread betting brokers provide account holders with real time charts/prices:
Advert: GBP/NZD Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on GBP/NZD with Financial Spreads.


Where Can I Spread Bet on GBP/NZD for Free?


Speculating on the markets always involves a degree of risk, but if you'd like to try a Test Account (free), where you can try spread betting and check professional level charts, then please see below.

When looking at which trading option is right for you, don't forget that spread trading, in the UK, is currently tax free*.

Assuming you want a free trading platform then you should keep in mind that investors are able to take a view on GBP/NZD commission free and with no brokers' fees through providers like:

Free Demo Account


Should you want a completely free Demo Account which allows you to try out online spread betting, and markets like crude oil, the Dow Jones, USD/JPY and GBP/NZD, then you could have a closer look at: The above spread betting companies currently provide a Practice Account which lets users access professional charts, gain experience with an array of orders and try out strategies.


How to Spread Bet on GBP/NZD

How to Spread Bet on GBP/NZD?


As with many global markets, it is possible to speculate on forex pairs, like GBP/NZD, to either rise or fall.

Looking at Financial Spreads, you can see they are offering the GBP/NZD Rolling Daily market at NZ$1.96406 - NZ$1.96546. As a result, an investor could spread bet on the GBP/NZD pair:

  GBP/NZD Spread Trading Example Rising above NZ$1.96546, or
  GBP/NZD Spread Betting Example Falling below NZ$1.96406

When making a spread bet on GBP/NZD you trade in x per point where a point is NZ$0.00010 of the pairs movement. As a result, if you risked 2 per point and GBP/NZD moves 28.0 points then that would be a difference to your profit/loss of 56. 2 per point x NZ$0.00280 = 2 per point x 28.0 points = 56.

Rolling Daily Foreign Exchange Markets

It's important to note that this is a Rolling Daily Market and so it does not have a set settlement date. If a trade is still open when the markets close at the end of the day, it will simply roll over to the next trading day.

If your FX position does roll over then you would normally pay a small financing fee. To learn more please read Rolling Daily Spread Betting.


GBP/NZD Trading Example 1


Now, if you think about the spread of NZ$1.96406 - NZ$1.96546 and make the assumptions:
  • You've done your analysis, and
  • Your research suggests that the GBP/NZD rate will increase and go higher than NZ$1.96546
Then you may decide that you are going to buy at NZ$1.96546 and invest, for example, 2 per point.

With such a bet you win 2 for every point (NZ$0.00010) that the GBP/NZD rate pushes above NZ$1.96546. Conversely, however, you will lose 2 for every point that the GBP/NZD market goes below NZ$1.96546.

Put another way, if you were to Buy a spread bet then your profit/loss is calculated by taking the difference between the settlement price of the market and the price you bought the spread at. You then multiply that price difference by the stake.

Therefore, if after a few hours the currency rate rose then you might want to close your position in order to lock in your profit.

Therefore, if the market moved up then the spread might move to NZ$1.97381 - NZ$1.97521. To close your position you would sell at NZ$1.97381. Accordingly, with the same 2 stake this trade would make you a profit of:

Profit = (Closing Price - Initial Price) x stake
Profit = (NZ$1.97381 - NZ$1.96546) x 2 per point stake
Profit = NZ$0.00835 x 2 per point stake
Profit = 83.5 points x 2 per point stake
Profit = 167.00 profit

Spread betting is not straightforward. In this case, you had bet that the currency pair would increase. Of course, the forex rate can also decrease.

If the GBP/NZD market had started to drop then you might decide to settle/close your position to stop any further losses.

So if the market pulled back to NZ$1.95779 - NZ$1.95919 then you would close your position by selling at NZ$1.95779. Accordingly, your loss would be:

Loss = (Closing Price - Initial Price) x stake
Loss = (NZ$1.95779 - NZ$1.96546) x 2 per point stake
Loss = -NZ$0.00767 x 2 per point stake
Loss = -76.7 points x 2 per point stake
Loss = -153.40 loss

Note - GBP/NZD Rolling Daily currency market correct as of 11-Sep-12.


Advert: GBP/NZD Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on GBP/NZD with Financial Spreads.


How to Spread Bet on Sterling - New Zealand Dollar

How to Spread Bet on Sterling - New Zealand Dollar - Example 2


Looking at a spread betting platform like Tradefair, we can see that they are valuing the Sterling - New Zealand Dollar Rolling Daily market at NZ$1.96270 - NZ$1.96410. Therefore, an investor could spread bet on the Sterling - New Zealand Dollar pair:

  Sterling - New Zealand Dollar Spread Trading Example Going above NZ$1.96410, or
  Sterling - New Zealand Dollar Spread Betting Example Going below NZ$1.96270

When financial spread trading on Sterling - New Zealand Dollar you trade in x per point where a point is NZ$0.00010 of the pairs movement. So, if your stake was 5 per point and Sterling - New Zealand Dollar moves 26.0 points then that would alter your profits (or losses) by 130. 5 per point x NZ$0.00260 = 5 per point x 26.0 points = 130.

If you take the spread of NZ$1.96270 - NZ$1.96410 and make the assumptions that:
  • You have done your analysis, and
  • You think that the Sterling - New Zealand Dollar rate will push higher than NZ$1.96410
Then you could decide that you are going to buy at NZ$1.96410 and invest 3 per point.

With such a bet you win 3 for every point (NZ$0.00010) that the Sterling - New Zealand Dollar rate rises above NZ$1.96410. Nevertheless, you will make a loss of 3 for every point that the Sterling - New Zealand Dollar market goes lower than NZ$1.96410.

Considering this from another angle, should you buy a spread bet then your P&L is found by taking the difference between the final price of the market and the price you bought the spread at. You then multiply that price difference by the stake.

As a result, if after a few days the currency rate started to move upwards then you could choose to close your position so that you can guarantee your profit.

So if the market moved up then the spread, set by the spreads firm, might be adjusted to NZ$1.96901 - NZ$1.97041. You would settle/close your trade by selling at NZ$1.96901. As a result, with the same 3 stake:

Profits (or losses) = (Closing Price - Initial Price) x stake
Profits (or losses) = (NZ$1.96901 - NZ$1.96410) x 3 per point stake
Profits (or losses) = NZ$0.00491 x 3 per point stake
Profits (or losses) = 49.1 points x 3 per point stake
Profits (or losses) = 147.30 profit

Speculating on FX can work against you. In the above example, you wanted the currency pair to rise. Of course, it might fall.

If the Sterling - New Zealand Dollar market had fallen then you might decide to close/settle your trade to stop any further losses.

So if the spread dropped to NZ$1.95968 - NZ$1.96108 then you would sell back your position at NZ$1.95968. If so, this would result in a loss of:

Profits (or losses) = (Closing Price - Initial Price) x stake
Profits (or losses) = (NZ$1.95968 - NZ$1.96410) x 3 per point stake
Profits (or losses) = -NZ$0.00442 x 3 per point stake
Profits (or losses) = -44.2 points x 3 per point stake
Profits (or losses) = -132.60 loss

Note - Sterling - New Zealand Dollar Rolling Daily currency market correct as of 18-Sep-12.


Advert: GBP/NZD Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on GBP/NZD with Financial Spreads.


Trading Risk Warning
'GBP/NZD Spread Betting' edited by Jacob Wood, updated 09-Oct-17

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