• GBP/NZD initially dipped but recovered some ground on Wednesdays as investors digested UK inflation data.
• British inflation slowed unexpectedly last month and core measures of price growth tracked by the Bank of England fell more sharply.
• The annual inflation rate decreased to 2.5% in December from 2.6% in November, according to the Office for National Statistics, defying economists' expectations for it to stay the same.
• Technical highlight downside risks for GBP/NZD, with momentum studies, 5, 10 and 11 DMAs tracking south.
• Immediate resistance is located at 2.1977 (38.2%fib), any close above will push the pair towards 2.1998 (Jan 13th high).
• Immediate support is seen at 2.1682 (50%fib) and break below could take the pair towards 2.1526(61.8%fib).
Recommendation: Good to sell around 2.1820 with stop loss of 2.1900 and target price of 2.1680


FxWirePro: USD/JPY edges up as yen dips after soft household spending data
FxWirePro: AUD/USD recovers slightly from early decline but bears are not done yet
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
Kiwi Under Pressure: NZDJPY Signals Bearish Turn as Resistance at 92.00 Holds Firm
FxWirePro- Major European Indices
Aussie Ascent: AUDJPY Reclaims 110.00 as Bullish Momentum Ignites
FxWirePro:NZD/USD remains vulnerable as Trump's latest deadline leaves investors on edge
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD slips amid wavering risk sentiment
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High
FxWirePro- Woodies Pivot(Major)
Bitcoin Resilience: BTC Reclaims USD 69,000 as Geopolitical Tensions Ease
Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead
FxWirePro- Major Crypto levels and bias summary 



