• GBP/ NZD strengthened on Monday as traders shrugged off the UK election result and focus on monetary policy in the UK and United States.
• GBP/ NZD is likely to maintain its slight bid any data surprises to upset the current BoE-Fed policy stasis.
• GBP/ NZD approached to test resistance 2.0929 (38.2%fib) but retreated as the pair lost strength.
• Technical signals are bullish as RSI is at 61, daily momentum studies 5,9 and 10 DMAs are trending up.
• Immediate resistance is located at 2.0929(38.2%fib), any close above will push the pair towards 2.1006(23.6%fib%fib).
• Support is seen at 2.0860(50%fib) and break below could take the pair towards 2.0791(61.8%fib).
Recommendation: Good to buy around 2.0900, with stop loss of 2.0720 and target price of 2.1000


FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro- Major Pair levels and bias summary
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro- Woodies pivot (Major)
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup 



