• GBP/NZD edged higher on Thursday as investors digested New Zealand’s manufacturing PMI data and awaited fresh catalyst.
• New Zealand’s January manufacturing PMI eased slightly to 55.2 from 56.1, signaling continued expansion but at a slower pace, suggesting some moderation in industrial activity.
• Markets are closely watching Wednesday’s policy decision from the Reserve Bank of New Zealand, with forward guidance expected to play a key role in shaping the NZD’s near-term direction.
• Despite the recent pullback, the GBP/NZD remains in a broader 2026 down trend, with 2.2350 seen as the next key downside target.
• Technicals are favouring bearish sentiment as RSI has turned lower and the pair is trading below 14 & 21-DMAs.
• Immediate resistance is located at 2.2695 (38.2%fib), any close above will push the pair towards 2.2750(SMA 20)
• Support is seen at 2.2466(23.6% fib) and break below could take the pair towards 2.2345 (Lower BB).
Recommendation: Good to sell around 2.2590 with stop loss of 2.2700 and target price of 2.2500


FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
FxWirePro: AUD/USD remains buoyant, looks to extend gains
EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: GBP/AUD loses momentum but outlook is bullish
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR downside pressure builds, key support level in focus
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone
FxWirePro: GBP/NZD gains some upside momentum but still bearish 



