• GBP/NZD initially fell but regained ground on Wednesday as the market focused on the potential negative impact of U.S. tariffs on global economic growth.
• Trump is set to announce sweeping reciprocal tariffs on global trading partners at 1600 ET (2000 GMT).
• British finance minister Rachel Reeves stated that London would not hastily respond to any tariffs, aiming to avoid jeopardizing a potential trade deal with Washington..
• Technical signals show the pair could gain more ground in the short-term as RSI is at 57,while moving averages and MACD are trending higher.
• Immediate resistance is located at 2.2789(23.6%fib), any close above will push the pair towards 2.2860(Higher BB ).
• Immediate support is seen at 2.2532(38.2%fib) and break below could take the pair towards 2.2311(50%fib).
Recommendation: Good to buy around 2.2600, with stop loss of 2.2520, and target price of 2.2900


ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro- Major European Indices
FxWirePro: GBP/USD steadies ahead key data, BoE event risk
FxWirePro: USD/CAD pauses decline,critical support lies ahead
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD dips on soft China data
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00 



