• GBP/ NZD declined on Monday weaker than expected UK GDP data weighed on the pair.
• Investors will focus on UK jobs and inflation data later this week for clues on the health of the domestic economy and direction of interest rates.
• A close below 1.8970 (23.6% fib), is likely to trigger a new bearish phase with potential for 1.8900.
• Technical signals are bearsih as RSI is at 48, 21, and 30 DMAs are trending down.
• Immediate resistance is located at 1.9056(30DMA), any close above will push the pair towards 1.9125(38.2%fib).
• Immediate support is seen at 1.8970 (23.6% fib) and break below could take the pair towards 1.8861 (Lower BB).
• Recommendation: Good sell around 1.9050, with stop loss of 1.9150 and target price of 1.8900


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY edges higher but bulls lack punch
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path 



