• GBP/NZD rose sharply on Friday as lower commodities prices and Yuan weakness weighed on Australian dollar.
• At GMT 17:34, the pair was trading up 1.27 percent at 2.0116 after reaching daily high at 2.0154.
• Technicals are bullish as RSI is at 54 and the pair is trading below 5 & 11-DMAs.
• Immediate resistance is located at 2.0151 (23.6 fib), any close above will push the pair towards 2.0250(May 4th high)
• Support is seen at 2.0044 (11DMA ) and break below could take the pair towards 1.9922 (38.2% fib).
Recommendation: Good to buy around 2.0090, with stop loss of 1.9900 and target price of 2.0180


FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro: AUD/USD retreats slightly but trend is still bullish
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro: USD/ZAR edges lower ,investors remain on edge
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: EUR/AUD under pressure as key support gives way
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD gains some upside momentum but still bearish 



