• GBP/NZD edged lower on Wednesday as investors digested sticky UK inflation data for December...
•UK inflation rose faster than expected in December, driven by airfares and tobacco prices, but is expected to ease back toward the 2% target as utility price effects fade.
•The ONS said CPI inflation rose to 3.4% in December from 3.2% in November, above forecasts of 3.3%..
•This week at the World Economic Forum in Switzerland's Davos, world leaders, policymakers and corporate executives are scheduled to deliver speeches that could steer market sentiment.
• Markets are now focused on Friday’s New Zealand Q4 inflation data, with upside risks. A Reuters poll forecasts a 0.5% quarterly rise, keeping annual inflation at 3%, the upper end of the target range.
• Immediate resistance is located at 2.3089(Jan 22nd high), any close above will push the pair towards 2.3200(38.2%fib).
• Immediate support is seen at 2.2900(50%fib) and break below could take the pair towards 2.2861(Lower BB).
Recommendation: Good to sell around 2.3020, with stop loss of 2.3160 and target price of 2.2900


AUDJPY Bullish Bias Intact: 105.80 Support = Golden Buy Zone
FxWirePro: GBP/USD loses momentum but bullish setup remains
GBP Weakness Fuels EURGBP Pullback: Sell Rallies to 0.8700
FxWirePro- Major Crypto levels and bias summary
GBPJPY Pulls Back on Mixed CPI – Bulls Still Alive Above 210
EUR/GBP Holds the Line: Buy the Dip Before the Breakout?
FxWirePro: EUR/AUD trend loses steam, remains on bersish path
FxWirePro: GBP/AUD momentum strongly bearish despite pause in losses
FxWirePro: AUD/USD maintains bullish bias with focus on 0.6800 level
FxWirePro: EUR/NZD recovers slightly but bearish outlook persists
FxWirePro:USD/CAD bears capitalize on dollar decline
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: EUR/AUD downtrend extends ,eyes 23.6% fib support
FxWirePro: USD/ZAR bears maintain upper hand 



