• GBP/NZD slipped lower on Friday as kiwi dollar outperformed pound as risk appetite increased on optimism around a potential resolution of the U.S.-China trade dispute.
• Demand for riskier assets increased on Friday after Beijing revealed it was reviewing Washington’s proposal for discussions on U.S. tariffs.
• This week, several indications emerged suggesting that the U.S. and China are taking steps to ease their trade conflict, following President Donald Trump's decision to impose severe tariffs.
• Technical signals are bearish as RSI bearish at 45, and daily momentum studies 5, 9 and 11 DMAs are trending down.
• Immediate resistance is located at 2.2407(38.2%fib ), any close above will push the pair towards 2.2496 (SMA21).
• Strong support is seen at 2.2276(Daily low) and break below could take the pair towards 2.21555 (23.6%fib).
Recommendation: Good to sell around 2.2350, with stop loss of 2.2450 and target price of 2.2260


FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes
FxWirePro: USD/CAD neutral in the near term, scope for further upside
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails
FxWirePro- Woodies Pivot (Major)
FxWirePro: GBP/AUD falls after BoE rate hold
AUDJPY Soars Past 112 on BOJ Rate Hike, Technicals Signal Bullish Momentum
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/USD gains some traction after UK retail sales beat expectation
FxWirePro: NZD/USD edges lower, remains on back foot
EURJPY Recovers Over 150 Pips Post-BOJ Hike, Bullish Trend Strengthens
FxWirePro: USD/JPY rises as yen weakens following BOJ's 25bp rate hike
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary 



