Just under 48 hours ago I commented on the resilience of the kiwi dollar ; the GBPNZD was around 1.80 and while it isn’t particularly scientific I ‘felt’ that we could see an adjustment – mainly as I can’t see cable being belted without the kiwi following.
![](http://az705044.vo.msecnd.net/20130227/gbpnzd-hourly-330x202.png)
GBPNZD Hourly
Up to 400 pips (currently 300) later what to do ?! cry ?