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• GBP/NZD strengthened on Thursday as sterling attracted buyers ahead key data from Eurozone and US.
• Sterling's recent increase stems from the higher-than-expected UK CPI report on May 22, which lowered near-term expectations for monetary easing.
• With a lack of significant UK data in the near term, GBP traders will shift their focus to U.S. and Eurozone inflation data on Friday and U.S. payrolls next week.
• Immediate resistance is located at 2.0826(23.6%fib), any close above will push the pair towards 2.0906 (Higher BB).
• Strong support is seen at 2.0763 (38.2%fib) and break below could take the pair towards 2.0699 (50%fib).
Recommendation: Good to buy around 2.0810, with stop loss of 2.0700 and target price of 2.0900
