• GBP/NZD steadied on Thursday as sterling was boosted off low after BoE’s Mann hawkish comments.
• Bank of England interest rate-setter Catherine Mann said on Thursday more tightening is needed, and cautioned that a pivot is not imminent.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 55,while moving averages are trending higher.
• Immediate resistance is located at 1.9333( 50DMA), any close above will push the pair towards 1.9364(23.6fib).
• Immediate support is seen at 1.9262 (38.2%fib) and break below could take the pair towards 1.9147(23.6%fib).
Recommendation: Good to buy around 1.9270, with stop loss of 1.9150, and target price of 1.9350
