FX:GBPNZD British Pound/New Zealand Dollar
This pair moved an incredible 2,000 pips since the last week of April (six weeks ago). As we can see not surprisingly the momentum is beginning to slow down and we could be entering a consolidation zone in the near future. Should we see a break of the then we'd likely go short targeting the 2.10 level. That said, any bounces from the are good opportunities to go long targeting recent highs. This one still could go up a bit.