• GBP/NZD steadied around 2.0990 on Wednesday as investors assessed BoE rate cut prospect .
• Officials from the Bank of England have hinted that they are growing more optimistic about the reduction in UK inflation, which could mean that interest rates may drop faster than the market anticipates.
• The pair currently is approaching resistance at 2.0998 (38.2%fib ). A break above would unmask 2.1100 level in the short term.
• Technical are bullish, daily RSI is negative at 64, daily momentum studies 9 and 10 DMAs are trending up.
• Immediate resistance is located at 2.0998 (38.2%fib ), any close above will push the pair towards 2.1087 (April 18th high).
• Strong support is seen at 2.0852(50%fib) and break below could take the pair towards 2.0793 (15th March low)
Recommendation: Good to buy around 2.0980, with stop loss of 2.0800 and target price of 2.1080


AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro- Woodies pivot (Major)
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
Crypto Bias Report: Trend Signals and Top Bullish Picks 



