I got wasted short last night as well. I saw a bearish divergence forming and jumped in with too tight a stop loss. The divergence still seems to be there. Has anybody had any luck using divergences as an indicator with this pair?

Anybody long in GBP/NZD a few minutes ago? I was short, had some profit and had just moved my stop loss to pretty close to current price. Stop loss didn't execute until 140 pips beyond my stop loss.

Looks like it may be turning short to me