• GBP/NZD initially dipped on Monday but recovered ground as diverging UK-U.S. rates supported the pair .
• The BoE has raised interest rates 11 times in a row with its next meeting set for May.
• The pair was trading was last trading at 1.9713 after hitting daily high at 1.9771.
• Technicals are favouring bullish sentiment as RSI is at 57 and the pair is trading above5, 11 & 14-DMAs.
• Immediate resistance is located at 1.9780(23.6% fib), any close above will push the pair towards 1.8843 (March 30th high)
• Support is seen at 1.9688(14DMA) and break below could take the pair towards 1.9634(38.2% fib).
Recommendation: Good to buy around 1.9710, with stop loss of 1.9600 and target price of 1.9780


FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro- Major Crypto levels and bias summary
FxWirePro:USD/JPY hovers near a four-decade low
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro- Major Pair levels and bias summary
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25% 



