• GBP/NZD recovered some ground on Tuesday as optimism over Brexit talks and a COVID-19 vaccine added new fuel to its gains.
• The pair rallied above 1.9400 level, lift stops after finding resistance at 1.9498 (50%fib ).
• GBP/NZD remains vulnerable, only a break and daily close above 1.9644 (61.8% fib) will shift bias to the upside.
• Technical are bearish, daily RSI is negative at 30, daily momentum studies 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.9498 (50%fib ), any close above will push the pair towards 1.9644 (61.8% fib).
• Strong support is seen at 1.9360 (38.2%fib) and break below could take the pair towards 1.9171 (23.6% fib)
Recommendation: Good to sell on around 1.9440, with stop loss of 1.9650 and target price of 1.9300


FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
FxWirePro- Woodies pivot (Major)
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside 



