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Major European Indices 
• GBP/NZD initially dipped lower but recovered some ground as traders were awaiting more data to fuel another round of gains.
• Today's UK GDP, home prices and business investment data did little to change views on the Fed and BoE.
• GBP/NZD was up 0.06% at 2.1079, recovering from one month low hit earlier.
• Technical signals are bearish as RSI is trending lower, moving averages are trending down
• Immediate resistance is located at 2.1100 (Daily high), any close above will push the pair towards 2.1135(38.2% fib).
• Strong support is seen at 2.1018 (23.6% fib) and break below could take the pair towards 2.0983 (Aug 29th low).
Recommendation: Good to sell on around 2.1100 with stop loss of 2.1180 and target price of 2.1000
