• GBP/NZD declined on Friday as less-hawkish BoE and lack of a resolution of the Russia-Ukraine conflict weighed on pound.
• GBP/NZD poised for more losses as the BoE, until this week seen as one of the more aggressive central banks, takes a measured approach.
• Technical signals are bearish as RSI is at 28, daily momentum studies 5, 10 & 21 DMAs track south.
• Immediate resistance is located at 1.9168 (38.2% fib), any close above will push the pair towards 1.9293 (14DMA).
• Strong support is seen at 1.9060 (Daily low) and break below could take the pair towards 1.8994 (23.6% fib).
Recommendation: Good to sell on rallies around 1.9100, with stop loss of 1.9260 and target price of 1.9000.


FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Major Pair levels and bias summary
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro- Major European Indices
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Woodies Pivot(Major) 



