• GBP/NZD declined on Monday after UK factory activity slowed sharply in September.
• The final reading of a closely watched UK manufacturing survey showed that activity continued to slow sharply in September.
• Selling pressure will remain in the short-term, only a move and close above 2.0455 ( 9DMA) strong resistance will change momentum.
• From a technical viewpoint, the moving averages are pointing downwards, while the RSI is strongly bearish at 21
• Immediate resistance is located at 2.0440 (38.2 % fib), any close above will push the pair towards 2.0455 ( 9DMA).
• Strong support is seen at 2.0270 (23.6% fib ) and break below could take the pair towards 2.0220(May 25th low).
Recommendation: Good to sell around 2.0320, with stop loss of 2.0450 and target price of 2.0200


FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR edges lower ,investors remain on edge
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro- Major Crypto levels and bias summary
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro- Woodies Pivot(Major)
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish 



