• GBP/NZD initially gained on Friday but gave up ground as disappointing UK retail sales data weighed on sterling.
• UK retail sales fell unexpectedly again last month in what is now a record series of monthly declines, official data showed on Friday.
• At GMT 21:26, the pair was trading up 0.04 percent at 1.9488 after reaching daily high at 1.9565.
• Technicals are favouring bearish sentiment as RSI is at 44 and the pair is trading below 11 & 21-DMAs.
• Immediate resistance is located at 1.9529(38.2% fib), any close above will push the pair towards 1.9541 (38.2%fib)
• Support is seen at 1.9459 (50% fib) and break below could take the pair towards 1.9396 (61.8% fib).
Recommendation: Good to sell around 1.9490, with stop loss of 1.9560 and target price of 1.9400.


Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: USD/CNY downside pressure builds, key support level In focus
FxWirePro:EUR/AUD eases but bullish outlook persists
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)
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
FxWirePro- Major Crypto levels and bias summary
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: GBP/AUD moves lower on weak UK data
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Major US Indices 



