• GBP/NZD dipped on Wednesday as New Zealand dollar strengthened as market priced in rate hike by RBNZ next month .
•Markets fully price in a quarter-point rate hike from the Reserve Bank of New Zealand at its October policy meeting, and another 25 basis points in November.
• At GMT 22:27, the pair was trading at 1.9392 after reaching daily low at 1.9363.
• Technicals are favouring bearish sentiment as RSI is at 35 and the pair is trading below 11 & 21-DMAs.
• Immediate resistance is located at 1.9408 (50% fib), any close above will push the pair towards 1.9441(9 DMA)
• Support is seen at 1.9363 (Daily low ) and break below could take the pair towards 1.9339 (23.6% fib).
Recommendation: Good to sell around 1.9400, with stop loss of 1.9480 and target price of 1.9300.


FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
GBPJPY Slips After Sterling Weakness, Bears Eye 216
FxWirePro: AUD/USD dips after RBA Governor speech
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
FxWirePro: USD/ZAR retreats but trend is still bullish
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 



