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• GBP/NZD dipped on Friday as risk sentiment flowed back into the market benefiting kiwi dollar.
• US data to takes center stage next week with ISM PMIs and Non-farm payrolls in focus.
• The is pair heading towards the 50%fib, as near term direction of the pair is likely to be driven by current price action.
• Immediate resistance is located at 2.0810 (Daily high ), any close above will push the pair towards 2.0878 (Higher BB).
• Strong support is seen at 2.0666 (50%fib) and break below could take the pair towards 2.0618 (14DMA).
Recommendation: Good to sell on around 2.0700, with stop loss of 2.0820 and target price of 2.0630
