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FxWirePro- Major European Indices 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD outlook weaker on renewed downside pressure 
FxWirePro: GBP/NZD remains buoyant, looks to extend gains 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: AUD/USD downside pressure builds, key support level in focus 
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level 
FxWirePro: GBP/NZD range to extend until there is game changing news 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone 
FxWirePro: USD/ZAR sustains gains as uptrend remains strong 
FxWirePro: EUR/AUD eases slightly but trend is still bullish 
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance 
GBP/NZD chart on Trading View used for analysis
- GBP/NZD trades 0.48% higher on the day at 1.9097 at 0845 GMT.
- The pair has tested resistance at 110-EMA at 1.9102, break above to see further gains.
- Technical indicators are biased higher. Stochastics and RSI are sharply higher.
- Price action has broken above 55-EMA and 38.2% Fib.
- Break above 110-EMA eyes next major resistance at 200-DMA at 1.93.
- Immediate support lies at 5-DMA at 1.8918. Break below 21-EMA to see downside extension.
Call update: Our previous call (https://www.econotimes.com/FxWirePro-GBP-NZD-recovery-capped-at-55-EMA-further-gains-only-on-break-above-1485261) has hit TP1/2.
Recommendation: Book partial profits at lows. Hold for further gains.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
