• GBP/NZD dipped modestly as investors looked ahead to fresh data and central bank updates, keeping the decline in check.
• The UK will publish monthly GDP, industrial output, and trade figures on Friday, offering an important gauge of economic health.
• Meanwhile,next week, the BoE is likely to keep rates on hold as it navigates the trade-off between high inflation and a softening economy.
• Technicals are favouring bearish sentiment as RSI is at 49 and the pair is trading below 11,14 & 21-DMAs.
• Immediate resistance is located at 2.2902(50% fib), any close above will push the pair towards 2.2927(SMA 20)
• Strong support is seen at 2.2768 (61.8% fib)and break below could take the pair towards 2.2748(Lower BB).
Recommendation: Good to sell around 2.2820 with stop loss of 2.2900 and target price of 2.2750


FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/CAD tumbles as strong Canadian jobs data fuels BoC rate-hike bets
FxWirePro- Major Crypto levels and bias summary
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro: GBP/AUD downtrend extends ,eyes 23.6%fib support
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: NZD/USD sustains gains as uptrend remains strong
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY dips below lower range, bearish bias increases
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro- Major US Indices 



