• GBP/NZD initially gained on Wednesday but gave up ground as improved risk appetite drove capital flows to kiwi dollar.
• The is pair heading towards the 50%fib, as near term direction of the pair is likely to be driven by current price action.
• Technical signals are bearish as RSI is heading down , daily momentum studies 5, 9 and 11 DMAs are trending down.
• Immediate resistance is located at 1.9631 (38.2%fib ), any close above will push the pair towards 1.9683 (Higher BB).
• Strong support is seen at 1.9501(50%fib) and break below could take the pair towards 1.89461 (16th Dec low).
Recommendation: Good to sell on around 1.9600, with stop loss of 1.9680 and target price of 1.9520


FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro :USD/JPY eases slightly, remains on bullish path
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
JPY Action Bias: Bullish Pairs to Watch Out For
FxWirePro- Major Crypto levels and bias summary
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment 



