• GBP/NZD slipped lower on Wednesday as kiwi dollar rose after New Zealand's central bank held rates steady .
• New Zealand's central bank held rates steady on Wednesday, but a split vote underscored a knife-edge decision.
• Wrapping up the May policy meeting, the Reserve Bank of New Zealand kept the official cash rate (OCR) on hold at 2.25%, and said three members voted to raise interest rates by a quarter-point while three voted to leave rates steady.
• RBNZ Governor Anna Breman cast the ultimate deciding vote, the first such tiebreaker since the monetary policy committee was set up in 2019.
•Markets were about 80% priced for a hold on Wednesday, a view shared by all but one of 29 economists polled by Reuters.
• Immediate resistance is located at 2.2815(50%fib), any close above will push the pair towards 2.2998(SMA 20).
• Immediate support is seen at 2.2628(Lower BB) and break below could take the pair towards 2.2593(38.2%fib).
Recommendation: Good to sell around 2.2830 with stop loss of 2.2880 and target price of 2.2770
