• GBP/NZD continued to declineon Friday following the release of weaker-than-expected monthly US core inflation data.
•The personal consumption expenditures (PCE) price index, widely seen as the Fed's favoured inflation indicator, increased 0.3% last month, in line with expectations while core PCE rose 0.2% compared with 0.3% in March.
• The pound was 0.43% lower against the kiwi dollar at 2.0733 , The pair traded in range 2.0709/ 2.0834 on Friday.
• The technical outlook remains bearish and points to eventual bigger losses, Fourteen-day momentum is negative, reinforcing the scope for a bigger slump
• Immediate resistance is located at 2.0840(Daily high), any close above will push the pair towards 2.0851(38.2%fib).
• Immediate support is seen at 2.0709(23.6%fib) and break below could take the pair towards 2.0665(Lower BB).
Recommendation: Good to sell around 2.0740, with stop loss of 2.0860 and target price of 2.0690


FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets 



