• GBP/NZD strengthened on Thursday as rise was sparked by less hawkish than expected comments from Fed Chair Jerome Powell and risk-on outflows.
• GBP/NZD is now on course to register a close below the 1.9271 (38.2% fib) level, chart points to bigger gains towards 1.9300 level.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 51 bullish, and moving averages are trending higher.
• Immediate resistance is located at 1.9250 ( 21DMA), any close above will push the pair towards 1.9271 (38.2% fib).
• Immediate support is seen at 1.9228 (38.2% fib) and break below could take the pair towards 1.9186 (61.8% fib).
Recommendation: Good to buy around 1.9240, with stop loss of 1.9160 and target price of 1.9300


FxWirePro: AUD/USD rises on strong October Australian jobs data
FxWirePro: NZD/USD down trend on the brink of resuming
FxWirePro: USD/JPY edges lower as yen gains on intervention fears
FxWirePro: GBP/USD extends decline as soft UK jobs data fuels BoE rate cut bets
FxWirePro: EUR/NZD bulls gear up for next leg higher, eyes 2.0600 level
FxWirePro: AUD/USD softens as US government reopening edges closer
FxWirePro: USD/ZAR trades sideways before key domestic indicators
FxWirePro: GBP/USD extends losses after disappointing UK labour data
FxWirePro: EUR/USD uptrend gains momentum but hurdles ahead
FxWirePro: GBP/NZD falls on soft UK labor data
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro: EUR/NZD retreats slightly but trend is still bullish
FxWirePro: EUR/CAD attracts buying interest, 38.2% fibonacci eyed
FxWirePro: GBP/AUD slide lower shifts pressure to the downside
FxWirePro: AUD/ USD edges lower, focus on US shutdown headway
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: EUR/NZD caught in narrow range, bias bullish 



