• GBP/ NZD strengthened on Thursday as investors assessed the impact of rate hikes on the British economy.
• In an up-and-down session, the pair hit low at 2.0740 in early trading then gained towards 2.0800.
• A rally towards 2.0950 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 2.0808 ( 23.6%fib), any close above will push the pair towards 2.0856 (Higher BB).
• Immediate support is seen at 2.0682 (5DMA) and break below could take the pair towards 1.20567(38.2%fib).
Recommendation: Good to buy around 2.0780, with stop loss of 2.0650 and target price of 2.0900


FxWirePro: USD/ZAR sell bias remains below key resistance zone
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro: USD/CAD bulls continue to hold the higher ground
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
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary 



