Going into day 2 now...and its has climbed about 600 pips after the surprise announcement by RBNZ to cut the interest rate by 150bp. Now its at record low of 3.5%. I am anticipating a higher climb by GBPNZD but it fell short of my target. And its hovering at around 600 pips from my entry price.
I think I'll have to wait for another day or 2 for it to hit my profit target. With no major announcement coming up till end of the day or start of the US day. Lets see if there is any major movement by then.
Cheers.
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