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FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
- USD/THB is currently trading around 31.86 marks.
- It made intraday high at 31.88 and low at 31.80 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 31.90 mark.
- On the top side, key resistances are seen at 31.90, 32.10, 32.22 and 32.54 marks respectively.
- Alternatively, a daily close below 31.85 will drag the parity down towards key supports around 31.70, 31.40, 31.28, 31.20 and 31.06 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Thailand Q1 2019 GDP growth yy decrease to 2.8 % (forecast 3 %) vs previous 3.7 %.
- Thailand Q1 2019 GDP growth qq sa increase to 1 % (forecast 1.4 %) vs previous 0.8 %.
We prefer to take long position on USD/THB only above 31.90, stop loss at 31.70 and target of 32.22.
