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• GBP/NZD rebounded strongly on Tuesday as investors shrugged off increased U.S. tariff noise .
• Consumer price data for January due on Wednesday is this week's main U.S. economic release and is expected to show inflation remained sticky during the month.
•British gross domestic product (GDP) figures due on Thursday, which could affect expectations for the BoE's rate path.
• A close above 38.2%fib, should trigger a new bullish phase with potential for 2.2300.
• Technicals highlight upside risks 14-day momentum confirming price pick-up
• Immediate resistance is located at 2.2023(Daily high), any close above will push the pair towards 2.2128(38.2%fib).
• Immediate support is seen at 1.9587(5DMA) and break below could take the pair towards 2.1901(50%fib).
Recommendation: Good to buy around 2.1900, with stop loss of 2.1800, and target price of 2.2150
