• GBP/NZD strengthened on Wednesday as GBP benefited from strongly weaker New Zealand dollar.
• The is pair heading towards the 23.6%fib, as near term direction of the pair is likely to be driven by current price action.
• Technical signals are bullish as RSI is heading down at 60 , daily momentum studies 5, 9 and 11 DMAs are trending north.
• Immediate resistance is located at 2.1406 (21DMA ), any close above will push the pair towards 2.1462 (23rd Aug high).
• Strong support is seen at 2.1306 (5DMA) and break below could take the pair towards 2.1203 (38.2%fib).
Recommendation: Good to buy around 2.1340, with stop loss of 2.1240 and target price of 2.1450


FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD recovers some ground but bears are not done yet
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level 



