• GBP/NZD dipped but downside was limited as investors awaited this week's major central bank decisions.
• The Fed concludes its two-day policy meeting on Wednesday, with some major brokerages warning that policymakers could raise rates, given this month's surge in oil prices..
•Bank of England and the Bank of Japan are widely expected to keep interest rates unchanged at their meetings on Thursday and Friday, respectively, and caution against rising inflation.
•Markets increasingly expect the Bank of England to leave interest rates unchanged on Thursday following softer labour market figures,
• The BOJ is expected to keep the prospect of further rate hikes alive to support the currency, though policymakers are likely to remain vague on the timing and pace of any tightening..
• Immediate resistance is located at 2.3070(Daily high), any close above will push the pair towards 2.3163(61.8%fib).
• Immediate support is seen at 2.2934 (50%fib) and break below could take the pair towards 2.2705(38.2%fib).
Recommendation: Good to sell around 2.3000 , with stop loss of 2.3100 and target price of 2.2900
