• GBP/NZD rose on Monday as GBP benefited increased expectation Bank of England will hike rates in February.
• A preliminary estimate of UK gross domestic product for November is due on Tuesday.
• The is pair heading towards the 23.6% fib resistance, as near term direction of the pair is likely to be driven by current price action.
• Technical are strongly bullish, daily RSI is bullish at 79, daily momentum studies 9 and 10 DMAs are trending up.
• Immediate resistance is located at 2.2099 (23.6%fib ), any close above will push the pair towards 2.20178 (Higher BB).
• Strong support is seen at 2.2033 (5DMA) and break below could take the pair towards 1.9965(38.2%fib).
Recommendation: Good to buy around 2.2050, with stop loss of 1.9965 and target price of 2.2130


NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment
Major Pair Action Bias: Bullish Pairs to Watch Out For
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
GBPJPY Slips After Sterling Weakness, Bears Eye 216
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness
FxWirePro: NZD/USD edges lower, remains on back foot
JPY Action Bias: Bullish Pairs to Watch Out For 



