The GBP has become finally one the weakest currencies. How long is it going to continue like that? I don't know, but if Kiwi stays as strong as it is of late, this pair can make further substantial advancements to the down side. Currently, the GBP is neither overbought nor oversold but clearly enervated. The NZD is in a declining stage of its momentum cycle, yet far from being oversold. However, it recently oscillates on very high levels of momentum, as it is very strong, so either further weakening or another wave of strength is to be expected. There's a median line of a (great) pitchfork containing the price on a daily chart, which may be one of the targets of the ongoing price action.