• GBP/NZD declined on Wednesday as New Zealand dollar was boosted by strong commodities prices and buoyant risk sentiment.
•The pair reaches 2.0230 after extending south from 2.0398 (early Asia high). 2.0230 is the lowest level since Jan 27th.
• Technical signals show the pair could lose more ground in the short-term as RSI is at 55 bearish, daily momentum studies 5, 10 and 21 DMAs are trending down.
• Immediate resistance is located at 2.0333 (38.2%fib),any close above will push the pair towards 2.0375 (9DMA ).
• Immediate support is seen at 2.0202 (50% fib) and break below could take the pair towards 2.0076 (61.8%fib ).
Recommendation: Good to sell below 2.0260, with stop loss of 2.0330 and target price of 2.0170


FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD gains some ground but bias is still bearish
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
Major Pair Action Bias: Bullish Pairs to Watch Out For
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
FxWirePro :USD/JPY eases slightly, remains on bullish path 



