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FxWirePro- Major Pair levels and bias summary 
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FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
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FxWirePro- Woodies pivot (Major) 
GBP/NZD chart on Trading View used for analysis
- GBP/NZD is trading in a narrow range, at 1.9079 at 1025 GMT.
- The pair finds strong support at 21-EMA at 1.9046. Break below will see further weakness.
- Upside remained capped at 200-DMA, upside only on break above.
- On the flipside, break below 21-EMA will see weakness till 1.8978 (cloud top).
- Bearish divergence keeps scope for downside. However, breakout above 200-DMA will negate bearish bias.
- Focus on RBNZ for further direction. A dovish outcome would likely spark a fresh wave of selling around the kiwi.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
