• GBP/ NZD strengthened on Wednesday as extended BoE gilt support tone boosted sterling across the board.
• The pair picked up upside momentum and is approaching 23.6%fib. A close above will open up 2.0000 level in the short term.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 60,while moving averages and MACD are trending higher.
• Immediate resistance is located at 1.9860( 23.6%fib), any close above will push the pair towards 1.9916 (Oct 12th high).
• Immediate support is seen at 1.9571(38.2%fib) and break below could take the pair towards 1.9450 (20DMA).
Recommendation: Good to buy around 1.9780, with stop loss of 1.9650 and target price of 1.9970


FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD gains some ground but outlook is bearish
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: GBP/AUD bears maintain upper hand
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro- Woodies pivot (Major) 



