Thursday, October 15, 2026

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FxWirePro:GBP/NZD consolidating around 1.9465, bias is bullish

• GBP/ NZD gained on Monday as improved global risk sentiment lifted the pair. • The pair hit daily high at 1.9494 and was last trading at 1.9465 at (GMT 15:25). • Technical signals are bullish as RSI is bullish at 54, 5…

By FxWirePro Team
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FxWirePro:GBP/NZD consolidating around 1.9465, bias is bullish
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• GBP/ NZD gained on Monday  as improved  global risk sentiment   lifted the pair.

• The pair hit daily high at 1.9494 and was last trading at 1.9465 at (GMT 15:25). 

• Technical signals are   bullish  as RSI is bullish at 54, 5, 9,11 DMAs are trending up. 

• Immediate resistance is located at 1.9578 (38.2%fib), any close above will push the pair towards 1.9628 (Higher BB).

• Immediate support is seen at 1.9404 (5DMA) and break below could take the pair towards 1.9329 (50%fib).

Recommendation: Good buy around 1.9440, with stop loss of 1.9330 and target price of 1.9570

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By FxWirePro Team