• GBP/NZD gained on Tuesday as GBP was supported by expectations that the Bank of England will raise interest rates further.
• Investors have raised expectations that the BoE will hike rates after a surprise rate hike in December.
• The is pair heading towards the 23.6% fib resistance, as near term direction of the pair is likely to be driven by current price action.
• Technical are strongly bullish, daily RSI is bullish at 79, daily momentum studies 9 and 10 DMAs are trending up.
• Immediate resistance is located at 2.0099 (23.6%fib ), any close above will push the pair towards 2.0022 (Higher BB).
• Strong support is seen at 2.0064 (5DMA) and break below could take the pair towards 1.9943(38.2%fib).
Recommendation: Good to buy around 2.0070, with stop loss of 1.9965 and target price of 2.0130


FxWirePro- Woodies pivot (Major)
FxWirePro- Major European Indices
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage
FxWirePro: EUR/ NZD stuck in range but outlook is bearish
Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188
GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97
FxWirePro: EUR/AUD holds narrow range, focus on near-term Support
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217
FxWirePro: GBP/NZD edges higher but outlook is bearish
FxWirePro: AUD/USD eases amid uncertainty over the U.S.–Iran standoff
FxWirePro: USD/CAD steadies around 1.3840 ,retains bid one
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside
FxWirePro :AUD/USD softens as GDP slightly undershoots forecast 



