• GBP/NZD pair edged higher on Friday, but gains were limited as the absence of additional macroeconomic catalysts allowed the market recover slightly .
• The pairs recent decline has been driven by volatile trading in global markets, following last week's weak U.S. jobs data, which heightened fears of an economic downturn.
• GBP/NZD remains well below 2.1331 ( 38.2%fib),Daily close below 50%fib wil increase the scope for much bigger drop.
• Immediate resistance is located at 2.1232(38.2%fib), any close above will push the pair towards 2.1494( July 17th high).
• Immediate support is seen at 2.1159(50%fib) and break below could take the pair towards 2.0966(61.8%fib).
Recommendation: Good to sell around 2.1330, with stop loss of 2.1450 and target price of 2.1250


Currency Score JPY Major: GBPJPY Bullish at 85 as CHFJPY Turns Extremely Bearish at -100
FxWirePro: GBP/NZD sell bias remains below key resistance zone
FxWirePro: USD/CNY hovers near a 3-1/2-year low, outlook bearish
FxWirePro: GBP/NZD retreats despite upbeat UK GDP growth data
AUDJPY Bullish Dip-Buy Setup: All EMAs Align for Run to 115
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bullish Setup: 800-EMA Support Fuels Buy Signal Above 93.60
FxWirePro: GBP/USD rises to 1-month peak as USD weakens
FxWirePro: AUD/USD gains modestly as softer U.S. data pressures greenback
FxWirePro: USD/CAD extends loses as bearish sentiment grips
FxWirePro: USD/JPY steadies around 159.30,retains bid tone
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
Currency Major Pairs: GBPUSD & AUDUSD Extremely Bullish as USDCAD Turns Deeply Bearish and Major levels to watch
FxWirePro: USD/ZAR recovers as traders assess US and South African data 



