FxWirePro: GBP/NZD steadies around 2.3060 , retains bid tone

• GBP/NZD steadied  on Wednesday as investors closely monitoring the latest flare-up between the U.S. and Iran.

• Iran’s Revolutionary Guards said they launched missile and drone attacks on U.S. bases in Jordan, Kuwait, and Bahrain in retaliation for American strikes near the Strait of Hormuz.

• Currency markets largely shrugged off the latest attacks, focusing instead on hopes for a resolution to the conflict.

• Markets are focused on Friday’s UK GDP data, with more key catalysts for sterling expected next week.

•The BoE’s rate decision is due on June 18, with markets pricing a 90% chance of no change, while investors watch for guidance on the policy outlook.

 • Immediate resistance is located at 2.3177(38.2%fib), any close above will push the pair towards 23265(Higher BB).

• Immediate support is seen at 2.2953(50%fib) and break below could take the pair towards 2.2884(SMA 20).

Recommendation: Good to sell around 2.3040  with stop loss of 2.2950  and target price of 2.3100