• GBP/NZD declined on Thursday as the the pair was dragged lower after the ECB raised interest rates by 25 basis points.
• The is pair heading towards the 50%fib, as near term direction of the pair is likely to be driven by current price action.
• Technical signals are bearish as RSI is heading down at 49 , daily momentum studies 5, 9 and 11 DMAs are trending down.
• Immediate resistance is located at 2.0129 (38.2%fib ), any close above will push the pair towards 2.0129(5DMA).
• Strong support is seen at 1.9925 (50%fib) and break below could take the pair towards 1.9836 (Lower BB).
Recommendation: Good to sell on around 2.0050 with stop loss of 2.0200 and target price of 1.9950


FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY holding bid into weekend
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 



