• GBP/NZD strengthened on Tuesday as kiwi dollar weakened ahead of New Zealand's central bank meeting on Wednesday.
• The Reserve Bank of New Zealand is not expected to change policy or publish forecasts, but a guidance tweak is possible.
• GBP/NZD remains bullish , only a close back below 1.9823 , could upset the bullish order.
• Immediate resistance is located at 1.9932 (23.6% fib), any close above will push the pair towards 1.9959 (higher BB).
• Strong support is seen at 1.9823 (38.2% fib) and break below could take the pair towards 1.9759(11 DMA).
Recommendation: Good to buy around 1.9900, with stop loss of 1.9830 and target price of 1.9980
