• GBP/ NZD strengthened on Wednesday as pound's risk-sensitive gained as worries about the health of the global financial system continued to ease.
• Market jitters around a global financial meltdown have eased after a U.S. regional bank scooped up assets of failed Silicon Valley Bank (SVB) earlier this week.
• The pair picked up upside momentum and is approaching 23.6% fib resistance. A close above will opens up 1.9850 level.
• Immediate resistance is located at 1.9835(23.6% fib), any close above will push the pair towards 1.9875(Higher BB).
• Support is seen at 1.9762 (5DMA) and break below could take the pair towards 1.9666(38.2% fib).
Recommendation: Good to buy around 1.9780 with stop loss of 1.9700 and target price of 1.9850


FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD dips lower on negative UK retail sales data
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: USD/ZAR edges higher but bearish outlook persists 



