• GBP/ NZD steadied on Monday as investors looked ahead of data-heavy week.
•Traders are now awaiting wage and employment data due at 0600 GMT on Tuesday for more direction on the central bank's next move.
• A rally towards 2.1350 is possible if GBP/ NZD bulls overcome resistance at 23.6%fib.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 58,while moving averages and MACD are trending higher.
• Immediate resistance is located at 2.2177 ( 23.6%fib), any close above will push the pair towards 2.1300(Psychological level).
• Immediate support is seen at 2.2102 (5DMA) and break below could take the pair towards 1.20987 (38.2%fib).
Recommendation: Good to buy around 2.1220, with stop loss of 2.1200 and target price of 2.1350
