• GBP/NZD dipped on Wednesday as sterling retraced some of its earlier gains against the kiwi dollar.
• The pound slipped 0.37% to 2.1127, having climbed to its strongest level since August 26th high at 2.1269 on Tuesday.
• Technicals are favouring bearish sentiment as RSI is at 44 and the pair is trading below 5,10 & 11-DMAs.
• Immediate resistance is located at 2.1269(38.2% fib), any close above will push the pair towards 2.1344 (50%fib)
• Strong support is seen at 2.1119(38.2% fib)and break below could take the pair towards 2.1000 (Psychological level).
Recommendation: Good to sell around 2.1240, with stop loss of 2.1300 and target price of 2.1160


FxWirePro- Woodies Pivot (Major)
FxWirePro: USD/CAD firms slightly, but downward resumption looks likely
FxWirePro: EUR/AUD gains modestly ahead of ECB policy decision
JPY Major Currency Score: AUDJPY, EURJPY, CADJPY Extremely Bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot (Major)
NZDJPY: Downtrend Favors Sellers After Minor Pullback; Sell on Rallies Advised
FxWirePro: GBP/NZD runs out of steam but maintains bullish outlook
FxWirePro: USD/CAD gains some upside momentum but still bearish
FxWirePro: EUR/NZD advances ahead of ECB meeting and US inflation data
JPY Major Currency Score: All Bearish
FxWirePro: USD/CNY sees some bounce after yesterday's fall
FxWirePro: EUR/AUD scales one-week peak after ECB rate hike
FxWirePro: AUD/USD range bound ahead of key event risks
FxWirePro: USD/ZAR recovers slightly but bears are not done yet
EUR/USD Defies ECB Rate Hike to Reclaim 1.1600: Technical Setup Points to Buy-on-Dips Opportunity 



