• GBP/NZD declined on Thursday as concerns about the outlook for the UK economy and political uncertainty in UK continued to weigh on pound.
• A surprise expansion in Britain's economy failed to ease concerns about the weakening economic outlook amid rising inflation driven by soaring energy prices.
• At GMT 18:22, the pair was trading 0.46% lower at 1.9296 in afternoon US session.
• Technical signals are bearish as RSI is at 42, daily momentum studies 5 DMA, 9 EMA are trending down.
• Immediate resistance is located at 1.9368 ( Ichimoku Cloud Top), any close above will push the pair towards 1.9423 (21DMA).
• Strong support is seen at 1.9291 (38.2%fib) and break below could take the pair towards 1.9192 (Ichimoku Cloud Base).
Recommendation: Good to sell around 1.9300, with stop loss of 1.9480 and target price of 1.9220


AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists
FxWirePro: EUR/AUD holds narrow range, focus on near-term Support
BTC Craters Below All Key EMAs: $2.63B ETF Selloff Triggers 'Sell on Rallies' to $67K
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target
ETH Cracks Below $2K: $241M ETF Selloff Sparks 14-Day Exodus as Bears Target $1,700
FxWirePro: GBP/USD remains range-bound amid growing Middle East instability concerns
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage
FxWirePro- Major Pair levels and bias summary
ETH Cracks $2,000: $241M Institutional Exodus From Spot ETFs Sends Bears Hunting $1,700
FxWirePro: USD/JPY upside capped as intervention risk limit upside
FxWirePro: NZD/USD eases as Middle East tensions weigh on sentiment
FxWirePro: USD/CNY dips as Yuan firms despite weak China factory data
AUDJPY Powers Above 114.50 on Aussie Strength—Bulls Target 116.25 on Dips to 113.85
FxWirePro: USD/CAD bulls continue to hold the higher ground 



