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FxWirePro- Woodies pivot (Major) 
• GBP/NZD declined on Wednesday as higher commodities prices and improved risk appetite drove capital flows to kiwi dollar.
• The is pair heading towards the 38.2%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 39 , daily momentum studies 5, 9 and 11 DMAs are trending down.
• Immediate resistance is located at 1.9285 (5DMA ), any close above will push the pair towards 1.9333 (50%fib).
• Strong support is seen at 1.9094(38.2%fib) and break below could take the pair towards 1.8937 (Sep 29th low).
Recommendation: Good to sell on around 1.9140, with stop loss of 1.9210 and target price of 1.9060
