• GBP/NZD steadied on Wednesday as traders awaited Bank of England's policy announcement on Thursday.
• UK interest rates are anticipated to remain steady when the BoE announces policy on Thursday, with markets fully pricing in the first interest rate decrease by the June meeting.
• The pair is approaching resistance at 23.6%fib . A break above would unmask 2.850 level in the short term.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 58,while moving averages are trending higher.
• Immediate resistance is located at 2.0792(23.6%fib), any close above will push the pair towards 2.0847(Jan 29th high).
• Immediate support is seen at 2.0654 (38.2%fib) and break below could take the pair towards 2.0553 (50%fib).
Recommendation: Good to buy around 2.0730 with stop loss of 2.0650 and target price of 2.0830


FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Major Crypto levels and bias summary
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes 



