• GBP/ NZD extended its yesterday’s bounce as investors focus turned next weeks RBNZ meeting .
• The market is almost fully priced for a move to 1.5% next week, and favours 25 basis points in May.
• The pair attemptingto breach resistance at 1.9060 ( 50% fib) . A decisive break closure above could generate further gains.
• Any downside correction is likely to be temporary as barrier at 1.8909 (38.2% fib) is set to restricting lower move.
• Immediate resistance is located at 1.9060 ( 50% fib), any close above will push the pair towards 1.9196 ( 61.8% fib).
• Immediate support is seen at 1.8909 (38.2% fib) and break below could take the pair towards 1.8728 (23.6% fib).
Recommendation: Good to buy around 1.9020, with stop loss of 1,8840 and target price of 1.9100


FxWirePro: AUD/USD hovers near three –month high, scope for further upside
FxWirePro: USD/JPY caught in narrow range, bias bearish
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
FxWirePro- Major Crypto levels and bias summary
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD dips on UK GDP data miss
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: GBP/NZD gains some upside momentum but still bearish
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro- Major Pair levels and bias summary 



