•GBP/NZD initially declined on Tuesday but recovered some ground on profit taking on shorts.
• GBP/NZD bears have tightened their grip on this market,A break, daily close under 1.8720 (23.6%fib) could deepen losses
•Technical signals are bearish as RSI is at 30, daily momentum studies 5,9,11 DMA’s, are trending down.
• Immediate resistance is located at 1.8899 (38.2%fib ), any close above will push the pair towards 1.8952 (14DMA).
•Strong support is seen at 1.8720 (23.6%fib) and break below could take the pair towards 1.8630 (Jan 2st 2021 low).
Recommendation: Good to sell around 1.8830 with stop loss of 1.8970 and target price of 1.8750 .


FxWirePro: USD/ZAR edges higher but bearish outlook persists
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Major European Indices
FxWirePro:EUR/AUD eases but bullish outlook persists
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: GBP/USD dips lower on negative UK retail sales data 



