• 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


Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: USD/CNY edges higher but bulls lack punch
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro- Major Crypto levels and bias summary 



