FX_IDC:NZDGBP   NEW ZEALAND DOLLAR / POUND STERLING
5 0 0
Dear traders,
if you are thinking of catching a falling knife, try to BUY NZDGBP             .

Of course there is plenty of space upside to play a mean reversion trade, or to sell from a last kiss at 0.48. But please wait for some more clue on GBP that will come out Wednesday.
We have Average Earnings Index and BOE Gov             Carney Speaks + BOE Inflation Report.
This could be the trigger of a BUY or could push the instrument even lower.

Let's wait Wednesday my friend and we will know more about BOE's intention.

Cheers
R
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