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FxWirePro: GBP/NZD consolidates around 2.0980,bias is bullish 
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FxWirePro: GBP/AUD recovers from initial decline, bias is bullish 
• EUR/NZD declined on Thursday as the pair attracted sellers after ECB reaffirmed its accommodative monetary policy stance.
• The European Central Bank raised its growth and inflation expectations on Thursday, but promised to provide stable stimulus over the summer.
• The pair extended its drop to hit 1.6900 daily low, it was last down 0.16% at 17:51 GMT .
• The pair is approaching to testing 1.6884(50%fib ). A break under 1.6884 will unmask 1.6834 (61.8%fib )level in the short term.
• Immediate resistance is located at 1.6924 (38.2%fib), any close above will push the pair towards 1.6985 (23.6%fib).
• Immediate support is seen at 1.6898 (Daily low) and break below could take the pair towards 1.6882(50%fib).
Recommendation: Good to sell round 1.6900, with stop loss of 1.6970 and target price of 1.6830
