• GBP/NZD extended weakness as upbeat New Zealand’s manufacturing data supported kiwi dollar.
• New Zealand’s manufacturing sector grew robustly in December, hitting a four-year high, according to a recent survey.
• New Zealand’s Business NZ Manufacturing Index climbed to 56.1 in December, gaining 4.4 points from November.
. The index was above 50, the dividing line between contraction and expansion, for the sixth straight month.
• Immediate resistance is located at 2.3290(50%fib), any close above will push the pair towards 2.3410(38.2%fib).
• Immediate support is seen at 2.3240 (Daily low) and break below could take the pair towards 2.3174 (61.8%fib)
Recommendation: Good to sell around 2.3350 with stop loss of 2.3450 and target price of 2.3250


FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD edges up, remains on front foot
FxWirePro: USD/ZAR downside pressure builds, key support level in focus
FxWirePro: AUD/USD eases slightly but trend is still bullish
FxWirePro: GBP/NZD weighed down as investors seek out riskier assets
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro- Major European Indices
FxWirePro: GBP/AUD drops below 2.0000 level, heads deeper into bear territory
FxWirePro: USD/CAD sustains gains as uptrend remains strong
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: GBP/NZD stuck in range but maintains bullish bias
FxWirePro: GBP/USD gains some upside momentum but still bearish
FxWirePro: AUD/USD steadies around 0.6700, retains bid tone
FxWirePro: EUR/ NZD set to remain soft heading into weekend
NZDJPY: Buy-on-Dips Strategy Intact Above 91 in a High-Level Consolidation
FxWirePro: USD/JPY down from yesterday’s high but uptrend looks intact
FxWirePro: USD/CNY bears maintain upper hand 



