In this paper we present an analytical treatment of gravitational lensing by Kerr black holes in the limit of very large deflection angles, restricting to observers in the equatorial plane. We accomplish our objective starting from the Schwarzschild black hole and adding corrections up to second order in the black hole spin. This is sufficient to provide a full description of all caustics and the inversion of lens mapping for sources near them. On the basis of these formulae we argue that relativistic images of Low Mass X-ray Binaries around Sgr A* are very likely to be seen by future X-ray interferometry missions.

We generalize our previous work on gravitational lensing by a Kerr black hole in the strong deflection limit, removing the restriction to observers on the equatorial plane. Starting from the Schwarzschild solution and adding corrections up to the second order in the black hole spin, we perform a complete analytical study of the lens equation for relativistic images created by photons passing very close to a Kerr black hole. We find out that, to the lowest order, all observables (including shape and shift of the black hole shadow, caustic drift and size, images position and magnification) depend on the projection of the spin on a plane orthogonal to the line of sight. In order to break the degeneracy between the black hole spin and its inclination relative to the observer, it is necessary to push the expansion to higher orders. In terms of future VLBI observations, this implies that very accurate measures are needed to determine these two parameters separately.