• GBP/NZD initially rose on Thursday but retreated back towards 1.9240 as the cross pair failed to break resistance at 1.9310
• Despite today's gains from its lows, GBP/NZD bears remain in control, eyes further drop
• Technical are bearish, daily RSI is negitive at 44, daily momentum studies 9,11 and 14DMAs are trending down.
• Immediate resistance is located at 1.9310 (38.2%fib ), any close above will push the pair towards 1.9391 (20DMA).
• Strong support is seen at 1.9172 (23.6%fib) and break below could take the pair towards 1.9096 (Lower BB).
Recommendation: Good to sell around 1.9250, with stop loss of 1.9380 and target price of 1.9160.


FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
FxWirePro: NZD/USD edges lower, remains on back foot
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: GBP/AUD gains some upside momentum but still bearish
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains
FxWirePro: USD/ZAR retreats but trend is still bullish
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend? 



