GBP/USD found support at the 1.60 level on Thursday in order to suggest that the pair may be done pulling back. The pair is still bullish in our opinion, and as a result we are buyers of this market. The interest rate differential remains bullish, so the pair will over time....
NZD/USD looks a bit vulnerable at the moment. Not a major meltdown mind you, rather a pullback to about the 0.80 level. This is more than likely going to be a grind, so we aren't interested at the moment.