• GBP/ NZD strengthened on Wednesday as easing lockdowns and positive UK GDP data lifted the pair.
• Britain’s economy grew faster than previously thought in the final three months of last year, with gross domestic product rising 1.3% from the previous quarter, data showed on Wednesday.
• GBP/NZD has seen a 1.9643-1.9714 range on Wednesday, chart points to an overshoot above 1.9800 and beyond.
• Immediate resistance is located at 1.9776 ( Higher BB), any close above will push the pair towards 1.9813 (23.6% fib).
• Immediate support is seen at 1.9707 (9DMA) and break below could take the pair towards 1.9563 (38.2%fib).
Recommendation: Good to buy around 1.9700, with stop loss of 1.9600 and target price of 1.9800


FxWirePro- Major Crypto levels and bias summary
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: USD/CNY hits 15-month low , scope for further downside
FxWirePro: EUR/CAD extends fall, vulnerable to more downside 



