Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish 
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FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 
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EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains 
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FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
• GBP/ NZD gained on Tuesday as upbeat UK CBI data lifted the pair.
• The CBI data supported views that the fast UK immunization rollout and end of ongoing lockdowns had prodded economic development in UK.
• GBP/ NZD is holding near today's high, UK political angst, Fed uncertainty is likely discourage longs.
• Technical signals are bearish as RSI is at 43, 14, 21, 30 DMAs are trending down.
• Immediate resistance is located at 1.9303 (38.2% fib), any close above will push the pair towards 1.9358(14DMA).
• Immediate support is seen at 1.9183(23.6% fib) and break below could take the pair towards 1.9123 (Lower BB).
• Recommendation: Good sell around 1.9310, with stop loss of 1.9400 and target price of 1.9240
