• GBP/NZD rebounded on Wednesday, after finding support at 2.0271 (Trendline).
• Underlying trend remains bearish. A break below 2.0271 (Trendline) might spur fresh downward momentum.
• At GMT 16:54, the pair was trading 0.18% higher at 2. 0450, highest since March 2nd.
• Technically 5 day and 14-day momentum remains negative and RSI beginning to head down.
• On the upside, Immediate resistance is located at 2.0425 ( 9DMA), any close above will push the pair towards 2.0500 (Psychological level).
• On the downside, strong support is seen at 2.0271 (Trendline) and break below could take the pair towards 2.0211 (30 DMA).
Recommendation: Good to sell on rallies around 2.0500, with stop loss of 2.0650 and target price of 2.0350.


FxWirePro: GBP/USD rises as soft US data pressures dollar
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Major Crypto levels and bias summary
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro- Woodies pivot (Major)
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 



