• GBP/NZD steadied on Wednesday as GBP benefited from strongly weaker New Zealand dollar, but gains were limited ahead Bank of England (BoE) policy meeting.
• Market expects the BoE to increase the Bank Rate by 25 basis points (bps) during the upcoming policy meeting.
• GBP/NZD remains bullish, only a break and daily close below 50%fib support at 2.0665 will shift bias to the downside.
• Technicals are favouring bullish sentiment as RSI is at 58 and the pair is trading above 11 & 21-DMAs.
• Immediate resistance is located at 2.0958(Daily high ), any close above will push the pair towards 2.1041 (23.6%fib).
• Strong support is seen at 2.0830 (38.2%fib) and break below could take the pair towards 2.0710 (21DMA).
Recommendation: Good to buy around 2.0890, with stop loss of 2.0800 and target price of 2.0970


FxWirePro- Major Pair levels and bias summary
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro- Woodies pivot (Major)
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: GBP/USD recovers some ground but bears are not done yet
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro: USD/ZAR sell bias remains below key resistance zone 



