• GBP/NZD recovered ground on Thursday as recovery rally from 1.9328 was aided by hawkish BoE comments.
• GBP/NZD bulls must regain the above 5DMA to stem the bearish tide and a rise above the daily cloud top at 1.9603 (50%fib) to regain momentum.
• Technical signals are bearish - RSI is at 48, moving averages are trending down.
• Immediate resistance is located at 1.9482 ( 38.2%fib), any close above will push the pair towards 1.9550( 5DMA).
• Immediate support is seen at 1.9340 (23.6%fib) and break below could take the pair towards 1.9300(100DMA).
Recommendation: Good to sell around 1.9500, with stop loss of 1.9600 and target price of 1.9410.


FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD gains some upside momentum but still bearish
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: AUD/USD falls after softer-than-expected Australian Q2 CPI
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 



