• GBP/ NZD strengthened on Friday as New Zealand dollar continued its weakening trend against pound exacerbated by recent drop in New Zealand's inflation data.
• New Zealand's inflation might prompt the RBNZ to keep its current policies intact, potentially signaling the end of its tightening cycle.
• A rally towards 2.0900 is possible if GBP/ NZD bulls overcome resistance at 23.6%fib.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 64,while moving averages and MACD are trending higher.
• Immediate resistance is located at 2.0810 ( 23.6%fib), any close above will push the pair towards 2.0896 (Higher BB).
• Immediate support is seen at 2.0711(5DMA) and break below could take the pair towards 1.20605 (38.2%fib).
Recommendation: Good to buy around 2.0800 with stop loss of 2.0710 and target price of 2.0910


FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 



