GS said this in a note overnight… GBPNZD – This cross may be an interesting one to keep on the radar. It has pushed above the cycle highs since Nov. ’11 at 2.1048-2.1056. If sustained into a weekly/monthly close, this has potential to significantly open up topside risks. The next big monthly pivot is all the way up at 2.1764; the cycle low from May ’96.