Kiwi-positive data (i.e. trade balance figures)
brings this move:
Morning, Peeps!
UK GDP figures a little weak this morning,
making Pound pairs a little dovish…
GBP/NZD loses its grip on 2.19 and slips below 2.18 as I type this…
The non-commercials (that is, large speculators
(for example hedge funds)) are moderating their
long exposure to the Kiwi, suggesting a possible
conforming of the currency to its long-term bear
trend, both price-driven and fundamentally motivated,
as the RBNZ’s further o.c.r. cut bets start gaining
strength again…
Tomorrow: Global Dairy Trade auction!
Uptrend holding up nicely: next high should
be 2.20 or higher…
…In today’s early London session, the Kiwi
appreciate back above that accursed level,
the 0.68, making our pair (GBP/NZD) slip
below 2.12… The trendline hold that I highlighted
in my previous post is, therefore, broken…
I think this is speculative pro-Kiwi positioning
in the run-up to today’s Global Dairy Trade auction,
which is taking place right now…
Perhaps a positive result is forecast, and price
is being pushed up…
Looks like you were right about the positive forecast. Not going to help GBP/NZD push up today at any rate.
I know!! 
However, neither NZD/USD nor GBP/NZD moved
much after the news, so perhaps it was not
enough of a positive result for the buy side…
Lets hope it holds
Your best to avoid gbp nzd only gbp that i do is gbp aud
Thank God you posted, and with such a fulsome, coherent and well-argued explanation, too. Just think: 132 pages of interesting conversation here, with extensive input from many participants who are making their full-time livings from forex trading; but without your benificent, cogent and invaluable insight, we’d all have carried on wasting years of our lives … :34:
Thank duck we are not you bro!
Look at my buy aud usd thread in show me money day trading. Im very happy being me 
The question is not being in the green for a day. Can we still do it consistenly over a long period?. Cause in the red is quite a norm, at least for me.