• GBP/NZD declined on Thursday as higher iron ore prices and increased risk sentiment boosted kiwi dollar.
• Chinese officials committed to implementing additional fiscal policy measures to support the country's faltering economic growth, resulting in increased demand for riskier assets like the Kiwi dollar
• Prices of iron ore futures extended gains into a third straight session on Thursday.
• Technical signals are bearish as RSI is trending lower, moving averages are trending down
• Immediate resistance is located at 2.1291 (38.2% fib), any close above will push the pair towards 2.1337(Sep 24th high).
• Strong support is seen at 2.1165 (23.6% fib) and break below could take the pair towards 2.1034 (Lower BB).
Recommendation: Good to sell on around 2.1210 with stop loss of 2.1320 and target price of 2.1100


FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
FxWirePro: GBP/USD stuck in range but maintains bearish bias
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro: USD/CNY falls to three-year high, scope for further downside
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede 



