• GBP/NZD gained some ground on Friday as kiwi dollar was pressured by weak domestic manufacturing data and soured risk sentiment.
• New Zealand’s manufacturing sector expanded only marginally in April, with growth slowing to a six-month low as the Middle East conflict raised costs and disrupted supply chains, a survey showed Friday.
• The Bank of New Zealand–BusinessNZ Performance of Manufacturing Index fell to a seasonally adjusted 50.5 in April from a revised 52.8 in March..
• Looking ahead, markets will focus on New Zealand’s Q1 producer price data due Tuesday for clues on inflation ahead of the Reserve Bank of New Zealand May policy meeting.
• Immediate resistance is located at 2.2835(50%fib), any close above will push the pair towards 2.2910(SMA 20).
• Immediate support is seen at 2.2642(50%fib) and break below could take the pair towards 2.2573(Lower BB).
Recommendation: Good to sell around 2.2850 with stop loss of 2.2950 and target price of 2.2750


FxWirePro- Major Pair levels and bias summary
Yen Retreats: AUDJPY Hits Three-Day Winning Streak as Bullish Momentum Surges
FxWirePro: GBP/AUD slips lower amid heightened UK political uncertainty
FxWirePro: USD/ZAR gains some upside as rand weakens after sour local jobs data
FxWirePro: USD/ZAR downside pressure builds, key support level in focus
FxWirePro: GBP/USD dips as UK political tensions drag pound lower
FxWirePro: USD/JPY up trend gains momentum but hurdles ahead
FxWirePro: NZD/USD edges higher but bulls lack punch
FxWirePro: EUR/ NZD gains some upside momentum but still bearish
Bitcoin Holds Steady Near USD 80k as the CLARITY Act Heads for a Decisive Senate Vote
Ethereum at a Crossroads: ETH Holds Above USD 2300 as Bulls Eye a Trend Reversal
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD gains some ground but bias is bearish
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/USD slide extends as UK political tumult intensifies 



