• GBP/NZD declined on Thursday as commodity-linked kiwi dollar got boost from higher gold and equities price.
• Investors are looking to the Bank of England's meeting next week for clues on when its policy easing could begin.
• Todays drop has put GBP/NZD back below 38.2%fib and has put the 23.6%fib support back in play.
• Immediate resistance is located at 2.1039 (38.2%fib), any close above will push the pair towards 2.1135 (50%fib).
• Immediate support is seen at 2.0927 (23.6%fib) and break below could take the pair towards 2.0865 (Lower BB).
Recommendation: Good to sell round 2.1030 with stop loss of 2.1100 and target price of 2.0930
