• GBP/NZD rose on Wednesday as investors awaited UK economic data to assess health of UK economy.
• UK's GDP, Q4 estimates, and December industrial and manufacturing output data will be released on Thursday, offering insight into Britain's economic outlook.
• GBP/NZD remains bullish, only a close back below 2.1831(50% fib) could upset the bullish order.
• Technical signals are bullish as RSI is at 57, daily momentum studies 11, 14 and 21 DMAs are trending up.
• Immediate resistance is located at 2.2086(23.6%fib ), any close above will push the pair towards 2.2243(Higher BB).
• Strong support is seen at 2.1831(50% fib) and break below could take the pair towards 2.1645 (Lower BB).
Recommendation: Good to buy around 2.2000 with stop loss of 2.1900 and target price of 2.2300


FxWirePro- Woodies Pivot(Major)
FxWirePro- Woodies Pivot(Major)
Yen Roars Back: EURJPY Cracks Below 183 – Bears Target 180 on Rallies
FxWirePro: EUR/ NZD neutral in the near-term, scope for downward resumption
EUR/USD Powers Higher on Dismal US Retail Sales Miss: Bullish Breakout Brewing Toward 1.2000?
FxWirePro: USD/CAD drifts lower, could be on verge of bigger drop
NZD/JPY Slips as Yen Strength Returns: Bears Eye Deeper Drop Toward 90.00
AUDJPY Holds the Line: Positive Bias Intact Above 109 – Dip Buyers Eyeing 112 Breakout?
FxWirePro- Major European Indices
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ CNY outlook weaker on renewed downside pressure
Yen Roars Back: Sell AUDJPY Rallies to 109.30, Eye 106 Target
FxWirePro: USD/JPY slides below 154 level, scope for further downside 



