• GBP/NZD gained on Thursday as expectations Britain’s speedy vaccination programme will help the economy to recover supported sterling.
• The rise in UK growth expectations, and diminished outlook for UK negative rates, has been a key factor in sterling's rise.
• The pair pierces 1.9290(38.2% fib), A daily close above 38.2% fib will take pair towards 1.9400 level.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 57 bullish, daily momentum studies 5, 10 and 21 DMAs are trending up.
• Immediate resistance is located at 1.9354(Higher BB), any close above will push the pair towards 1.9464 (23.6%fib).
• Strong support is seen at 1.9290(38.2% fib) and break below could take the pair towards 1.9146( 50%fib ).
Recommendation: Good to buy around 1.9300, with stop loss of 1.9200 and target price of 1.9400


FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: EUR/CAD extends fall, vulnerable to more downside
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance 



