• GBP/NZD after initially gaining on Tuesday the pair gave some ground as investors digested data showed that the British economy stagnated in the third quarter of the year.
• The Office for National Statistics lowered its estimate for GDP growth in the July-to-September period, lowering it to 0.0% from a previous forecast of 0.1% growth.
• In an up-and-down session, the pair hit high at 2.2288 in early trading then dipped towards 2.2180.
• Technical signals show the pair could gain more ground in the short-term as RSI is turing up, daily momentum studies 14, and 21 DMAs are trending up.
• Immediate resistance is located at 2.2403 (23.6%fib), any close above will push the pair towards 2.2498 (Higher BB).
• Strong support is seen at 2.2151(38.2%fib) and break below could take the pair towards 2.2000( (Psychological level )
Recommendation: Good to buy around 2.2150 with stop loss of 2.2000 and target price of 2.2400


Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro- Major Pair levels and bias summary
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR sell bias remains below key resistance zone
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup 



