• GBP/NZD declined sharply on Friday as increased risk appetite and month-end flows drove kiwi dollar higher against pound.
• Consumer confidence in New Zealand was slightly higher in September compared with the prior month . The consumer confidence index rose to 86.4 in September from August's 85.0.
• A close below support at 2.0278 (23.6 % fib)will give further momentum to bears, opening the way for a run towards 2.0200 level.
• Technical signals show the pair could lose more ground in the short-term as RSI is at 32 bearish, daily momentum studies 5, 10 and 21 DMAs are trending down.
• Immediate resistance is located at 2.0463 (38.2 % fib),any close above will push the pair towards 2.1159(9DMA).
• Immediate support is seen at 2.0278 (23.6 % fib) and break below could take the pair towards 2.0198(Lower BB)
Recommendation: Good to sell below 2.0360, with stop loss of 2.0500 and target price of 2.0250


FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD edges lower but bullish outlook persists 



