• GBP/NZD declined sharply on Monday as demand for risk sensitive kiwi dollar increased after rise in commodity prices
•The pair extended its drop to hit daily low at 1.9183, it was last down 0.01% late in US sesssion.
•Technical signals show the pair could lose more ground in the short-term as RSI is at 35 bearish, daily momentum studies 9, 10 and 11 DMAs are trending down.
• Immediate resistance is located at 1.9288 (50%fib), any close above will push the pair towards 1.9311 (10DMA).
•Strong support is seen at 1.9154 (23.6%fib) and break below could take the pair towards 1.9123 (Lower BB).
Recommendation: Good to sell around 1.9230 with stop loss of 1.9330 and target price of 1.9160.


FxWirePro- Major Crypto levels and bias summary
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97
FxWirePro: AUD/USD edges lower as risk appetite sours on Geopolitical woe
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY nears 160 as intervention risk intensifies
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib
FxWirePro: NZD/USD dips as Middle East tensions weigh on sentiment
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K
FxWirePro: EUR/ NZD stuck in range but outlook is bearish
FxWirePro: GBP/USD falls to two-day low, scope for further downside
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro: GBP/NZD edges higher but outlook is bearish
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217
ETH Cracks $2,000: $241M Institutional Exodus From Spot ETFs Sends Bears Hunting $1,700
FxWirePro- Major European Indices 



