• GBP/NZD strengthened on Wednesday as pound benefited from strongly weaker New Zealand dollar.
• Investors have been cautious so far in 2024, wary of the central bank's expected pivot to rate cuts this year and how quickly these might be implemented.
• A rally towards is possible if GBP/NZD bulls overcome resistance at 38.2% fib.
• Immediate resistance is located at 2.0280 (38.2% fib), any close above will push the pair towards 2.0405 ( 19th Dec high).
• Immediate support is seen at 2.0160(Daily low) and break below could take the pair towards 2.0073 (23.6% fib).
Recommendation: Good to buy around 2.0270, with stop loss of 2.0180 and target price of 2.0370


FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: GBP/USD dips lower on negative UK retail sales data
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 



