• 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- Major Pair levels and bias summary
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 



