• GBP/NZD declined sharply on Tuesday as the pair continued to attract selling pressure due to global risk aversion.
• Weaker U.S. data in the last week stoked recession fears in the world's biggest economy, pushing investors to safe-haven assets amid a sell-off that battered markets globally.
• At (GMT 15:21) pair dipped to trade at 2.1360 down 0.71% after pulling back from daily high.
• From a technical viewpoint, the moving averages are pointing downwards, while the RSI is strongly bearish at 49.
• Immediate resistance is located at 2.1533(38.2% fib), any close above will push the pair towards 2.1749 (23.6% fib).
• Immediate support is seen at 2.1341 (50% fib) and break below could take the pair towards 2.1168(61.8% fib).
Recommendation: Good to sell around 2.1400 with stop loss of 2.1500 and target price of 2.1320


FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro- Major Crypto levels and bias summary
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro: USD/CAD bulls continue to hold the higher ground
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro- Major Pair levels and bias summary 



