• GBP/NZD retreated slightly towards 2.0655 on Wednesday as the cross pair failed to break resistance at 2.0680
• Despite today's GBP/NZD retreat from its highs, sterling bulls remain in control eyeing further gains versus the kiwi.
• Technical are bullish, daily RSI is positive at 58, daily momentum studies 5,9 and 11 DMAs are trending north.
• Immediate resistance is located at 2.0680 (23.6%fib), any close above will push the pair towards 2.0762 (Higher BB)
• Strong support is seen at 2.0517 (5DMA) and break below could take the pair towards 2.0413 (38.2%fib).
Recommendation: Good to buy around 2.0620 , with stop loss of 2.0500 and target price of 2.0700 .


FxWirePro: USD/CAD recovers slightly but trend is still bearish
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro- Major Pair levels and bias summary
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally 



