• GBP/NZD declined sharply on Wednesday as sterling attracted seller after softer than expected UK November inflation data.
• British inflation fell to its lowest level in almost two years in November, fueling speculation that the Bank of England could slash interest rates in the first half of next year.
• By 18:53 GMT, the pound was down 0.64% against the Kiwi dollar to 2.0153. It dropped as low as 2.0118
• Technical lean bearish, RSI is lower at 30 daily momentum studies 9, 11 and 14 DMA’s are trending down.
• Immediate resistance is located at 2.0270(38.2% fib), any close above will push the pair towards 2.0415 (50% fib).
• Strong support is seen at 2.0118 (23.6% fib) and break below could take the pair towards 2.0000 (Psychological level).
Recommendation: Good to sell on around 2.0160, with stop loss of 2.0280 and target price of 2.0060


FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Major Pair levels and bias summary 



