• GBP/NZD declined on Thursday as worries that soaring UK inflation will weaken British economy weighed on pound.
• Pound attracted sellers after UK inflation posted a rise to 10.1%, raising fear that a tougher BoE inflation response would increase recession risks
•The pair hit daily high at 1.9239 and was last trading at 1.9080 at (GMT 17:15).
• Technical are bearish, daily RSI is negative at 47, daily momentum studies 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.9152 (38.2 % fib),any close above will push the pair towards 1.9190 (38.2 % fib ).
• Immediate support is seen at 1.9031 (23.6% fib) and break below could take the pair towards 1.8974 (Aug 17th low )
Recommendation: Good to sell below 1.9100, with stop loss of 1.9200 and target price of 1.9010


FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro:USD/JPY hovers near a four-decade low
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro- Major Crypto levels and bias summary
Major Pair Action Bias: Bullish Pairs to Watch Out For
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally 



