• GBP/NZD declined sharply on Friday as increased risk appetite and month-end flows drove kiwi dollar higher against pound.
• Consumer confidence in New Zealand was slightly higher in September compared with the prior month . The consumer confidence index rose to 86.4 in September from August's 85.0.
• A close below support at 2.0278 (23.6 % fib)will give further momentum to bears, opening the way for a run towards 2.0200 level.
• Technical signals show the pair could lose more ground in the short-term as RSI is at 32 bearish, daily momentum studies 5, 10 and 21 DMAs are trending down.
• Immediate resistance is located at 2.0463 (38.2 % fib),any close above will push the pair towards 2.1159(9DMA).
• Immediate support is seen at 2.0278 (23.6 % fib) and break below could take the pair towards 2.0198(Lower BB)
Recommendation: Good to sell below 2.0360, with stop loss of 2.0500 and target price of 2.0250


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro: USD/ZAR sell bias remains below key resistance zone
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro: GBP/USD recovers some ground but bears are not done yet
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro- Woodies pivot (Major) 



