• GBP/NZD retreated on Thursday as currencies early gains evaporated as investors weighed up the outlook for an economic recovery in UK due to rising COVID cases globally.
• GBP/NZD stalled and reversed after facing significant resistance at at 1.9397 (50%fib.
• GBP/NZD remains bearish , only a close back above 61.8%fib at 1.9495 , could upset the bullish order.
• Immediate resistance is located at 1.9397 (50%fib ), any close above will push the pair towards 1.9464(21st April high).
• Strong support is seen at 1.9294 (38.2% fib) and break below could take the pair towards 1.9267 (Ichimoku Cloud Top).
Recommendation: Good to buy around 1.9290, with stop loss of 1.9350 and target price of 1.9210


GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro-Major European Indices
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
NZDJPY: Bearish Signals Sell-on-Rally Opportunity Below 92
211.55 Ceiling Holds: GBPJPY Profit-Taking Turns Bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
Bitcoin Stuck in No-Man’s-Land: $85K Dip or $100K Breakout Next?
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY extends fall as yen rises on intervention fears
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
AUDJPY: Buy-the-Dip Strategy Intact Above 103.80 Despite Profit-Taking Pullback
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists 



