FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level

• 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