False Break on GBPUSD and GBPNZSD:
The news was VERY VERY good for the UK and so GBPUSD. We had a false break down on the pair. It was affected by US dollar sentiment breaking out upwards. I don't know why yet, but there is some new data coming up for the USD called the CPI. I don't know what to expect, but for now. GBPUSD and GBPNZD are bullish.