• GBP/ NZD dipped on Wednesday as sterling attracted sellers ahead of Thursdays BoE meeting.
• The BoE will have its turn on Thursday, and any signs of diminished hawkishness could prompt sterling to resume its slide against kiwi dollar.
• The is pair heading towards the 23.6%fib, as near term direction of the pair is likely to be driven by current price action.
• Technical signals are bearish as RSI is heading down at 46 , daily momentum studies 5, 9 and 11 DMAs are trending down.
• Immediate resistance is located at 1.9063(5DMA), any close above will push the pair towards 1.9107 (38.2%fib).
• Strong support is seen at 1.9001(23.6%fib) and break below could take the pair towards 1.8932(Lower BB).
Recommendation: Good to sell around 1.9040, with stop loss of 1.9140 and target price of 1.8940


FxWirePro: USD/ZAR retreats slightly but bias is bullish
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro- Major Pair levels and bias summary
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD gains some ground but outlook is bearish 



