• GBP/NZD declined on Thursday as New Zealand dollar broadly firmed supported by higher commodity prices.
• GBP/NZD drops below the 5-DMA in European session, slide halts near the 1.9182(23.6%fib).
• From a technical viewpoint, the moving averages are pointing downwards, while the RSI is strongly bearish at 41.
• Immediate resistance is located at 1.9478 ( 38.2%fib), any close above will push the pair towards 1.9518 (5DMA).
• Strong support is seen at 1.9408 (23.6%fib) and break below could take the pair towards 1.9365 (Lower BB).
Recommendation: Good to sell below 1.9440, with stop loss of 1.9580 and target price of 1.9360


FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
EUR/JPY Holds Bullish Bias as Euro Extends Recovery
FxWirePro: USD/ZAR retreats but trend is still bullish
FxWirePro- Major Pair levels and bias summary
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD gains some ground but bias is still bearish
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
FxWirePro- Woodies pivot (Major)
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
GBPJPY Slips After Sterling Weakness, Bears Eye 216
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
FxWirePro- Major Crypto levels and bias summary
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch 



