• GBP/NZD recovered some ground on Friday after upbeat UK retail sales but holiday liquidity tempered sterling gains.
• The latest data indicates that UK retail sales experienced a significant surge in November, surpassing expectations. The sales increased by 1.3% from October, with a notable boost attributed to discount sales.
• The underlying trend for the pair remains bearish. A potential break below 23.6%fib support could intensify downward momentum.
• Technical signals are strongly bearish as RSI is lower at 32, moving averages are trending down.
• Immediate resistance is located at 2.0232(38.2% fib), any close above will push the pair towards 2.0342( 50% fib).
• Immediate support is seen at 2.0096(23.6%fib) and break below could take the pair towards 2.0000( Psychological level).
Recommendation: Good to sell around 2.0100, with stop loss of 2.0200 and target price of 2.0020.


FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Major Pair levels and bias summary
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD moves lower on weak UK data
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Major Crypto levels and bias summary
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 



