It truly is a work of beauty!!
Well done - that must be worth a few of your funny Scottish pounds?! 
Ah, Lexy!!
Well, you wait and see until the Bank of Englandâs rate decision tomorrow!!!
I imagine that a BoE rate hike would seriously boost the GBPâŚ
Now that would be a surprise!
I think the best we can hope for is some positive noises and a 6-3 or 7-2 vote in favour of the status quo
Economists only expect one MOpC voter in favour of a hike, so even what you mentioned would be a boostâŚ
Agree, but they are only guessing just like the rest of us.
On a lighter note, thought you might like this
Let us see if the BoE can make me some English money, to add to my Scottish one :))
Happy trading, Lexy!
Priceless :))
With such little reaction from the UK bad news yesterday, the cynic in me feels if the vote remains the same that we will see a plunge on gpb across the board.
Selling snow
Indeed, UK-Kev, and you are not alone to think that:
Hello traders!
I just noticed (on the daily chart of GBP/NZD) the following:
A) the 2.40 level was resistance for 27 trading days;
B) the 2.45 level has now been res. for 14 trading days.
It appears that 2.45 could be the next strong barrier above 2.40; a failure of BoE raising its rate rise bets today could compromise the pairâs hawkish run from last night.
It seems that the majority are looking to short GBP at the rate decision. could be a possible short squeeze with the combo of that and the way itâs been setting up the past couple of days. A B.O.S trade potentially lol
Short squeeze on GBP in general i meant not just NZD
You may be right, 2.45 area looks like a reasonable resistance area. Now it needs to reestablish a support level if it is to remain range bound.
So much for the resistance at 2.45. It went past 2.46 fairly easily. Letâs see how high it can go.
Well, I admit that I wasnât exactly awaiting it with bated breath: for me it was a question of whether the voting scoreline for no increase changed from its previous 8-1 to 7-2, but it didnât: still 8-1 (own-goal in extra time, doubtless?). :15:
Would you look at this? BoE held rates, but GBP/NZD is pushing for 2.46⌠I suspect this has more to do with the falling NZD from last night 
I suspect it might be a squeeze before the bears attack the gbp soon
How right you are, Lexy!!!
According to DailyFX, Pound net-long open interest is falling⌠The bears may be moving inâŚ
