• GBP/NZD steadied on Monday as above-target UK inflation and expectaions BoE hikes are likely to remain
• GBP/NZD traded in a 2.1266 -2.1358 range on Monday. The pair was trading up 0.02 percent at 2.1326
• Technicals are favouring bullish sentiment as RSI has turned lower and the pair is trading below 5 & 9-DMAs.
• Immediate resistance is located at 2.1461 (23.6%fib), any close above will push the pair towards 2.1478 (Aug )
• Support is seen at 2.1234 (38.2% fib) and break below could take the pair towards 2.11977 (5DMA).
Recommendation: Good to buy around 2.1310 with stop loss of 2.1450 and target price of 2.1380


FxWirePro- Major Pair levels and bias summary
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro:USD/JPY hovers near a four-decade low
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro- Woodies pivot (Major)
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 



