• GBP/NZD rose sharply on Thursday aggressive BoE tightening expectations boosted pound against weaker kiwi dollar.
• Expectations for more rate hikes are rising. On Wednesday, money markets were pricing in that BoE rates would peak in March 2024, reaching 6.28%.
• GBP/NZD vaulted higher, rising above 38.2% fib resistance ,hits highest level since 3rd July .
• Technicals are favouring bullish sentiment as RSI is at 51 and the pair is trading below 5, 9 & 11-DMAs.
• Immediate resistance is located at 2.0697 (June27th high), any close above will push the pair towards 2.0808 (23.6% fib)
• Support is seen at 2.0611(38.2% fib) and break below could take the pair towards 2.0463 (50% fib).
Recommendation: Good to buy around 2.0670, with stop loss of 2.0600 and target price of 2.0740.


FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro- Woodies Pivot(Major)
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Major Crypto levels and bias summary
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 



