• GBP/ NZD gained on Friday as sterling was supported by upbeat data releases that reinforced market expectations for a faster UK economic recovery.
• Bulls have tightened their grip after registering a close above the 1.9352 (38.2%fib),scope grows for bigger gains towards 1.9850.
• Technical signals are strongly bullish as RSI is bullish at 62, 5, 9,11 DMAs are trending up.
• Immediate resistance is located at 1.9786(23.6%fib), any close above will push the pair towards 1.9852 (Higher BB).
• Immediate support is seen at 1.9655 (5DMA) and break below could take the pair towards 1.9620 (38.2%fib).
Recommendation: Good buy around 1.9720, with stop loss of 1.9600 and target price of 1.9830


FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
0.7870 Break Looms – Next Stop 0.7800 for USDCHF?
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
Pound Strike Forces EURGBP Retreat – Next Stop 0.8660?
FxWirePro: AUD/USD firms on hawkish RBA meeting minutes
FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook
ETHUSD Dip: Prime Buy Zone to $3600 Targets
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
FxWirePro: USD/JPY extends fall as yen rises on intervention fears
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
FxWirePro: GBP/USD advances on steady UK GDP growth
FxWirePro: GBP/AUD loses momentum but bullish setup remains 



