• GBP/NZD dipped on Thursday as sterling attracted seller after downbeat UK economic data.
• The pairs intraday lift has eroded and has cleared trendline support at 2.0567 .
• Underlying trend for the pair remains bearish for pair. A close below lower bollinger bands would further increase bearish movementum.
• Technical signals are bearish as RSI is at 48, daily momentum studies 5, 9 and 10 DMAs are trending down.
• Immediate resistance is located at 2.0567 (Trendline), any close above will push the pair towards 2.0666 (9 DMA).
• Immediate g support is seen at 2.0467 (55 DMA) and break below could take the pair towards 2.0393 (lower BB).
Recommendation: Good to sell around 1.7940, with stop loss of 1.8490 and target price of 1.7500.


FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro: USD/ CNY hits one-month low,scope for futher downside
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
FxWirePro: AUD/USD gains some ground but outlook is bearish 



