• GBP/NZD strengthened on Monday as the pair attracted buyers ahead of inflation readings from UK .
• UK's October inflation report on Wednesday is expected to ease to 4.8% from 6.7% in September, according to a poll.
• A close above 38.2% fib, should trigger a new bullish phase with potential for 2.0950.
• From a technical viewpoint, the moving averages are pointing downwards, while the RSI is strongly bearish at 57.
• Immediate resistance is located at 2.0864 (38.2% fib), any close above will push the pair towards 2.0920 (Oct 26th high).
• Immediate support is seen at 2.0764 (5DMA) and break below could take the pair towards 2.0732 (50% fib).
Recommendation: Good to buy around 2.0850 with stop loss of 2.0760 and target price of 2.0910


FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
FxWirePro: USD/CAD retreats slightly but trend is still bullish
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro:USD/JPY hovers near a four-decade low
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish 



