• GBP/NZD steadied on Thursday as hotter than expected U.S. inflation data lifted the pair higher.
• A U.S. Labor Department report showed consumer prices increased more than expected in December as rents maintained their upward trend.
• The pair currently is approaching resistance at 38.2%fib. A break above will unmask 2.0550 level in the short term.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 57,while moving averages are trending higher.
• Immediate resistance is located at 2.0488(38.2%fib), any close above will push the pair towards 2.0562 (Higher BB).
• Immediate support is seen at 2.0415 (50%fib) and break below could take the pair towards 2.0337 (61.8%fib).
Recommendation: Good to buy around 2.0450, with stop loss of 2.0360 and target price of 2.0550


FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major Pair levels and bias summary
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro:EUR/AUD eases but bullish outlook persists 



