• GBP/NZD strengthened on Wednesday as pound benefited from strongly weaker New Zealand dollar.
• Investors have been cautious so far in 2024, wary of the central bank's expected pivot to rate cuts this year and how quickly these might be implemented.
• A rally towards is possible if GBP/NZD bulls overcome resistance at 38.2% fib.
• Immediate resistance is located at 2.0280 (38.2% fib), any close above will push the pair towards 2.0405 ( 19th Dec high).
• Immediate support is seen at 2.0160(Daily low) and break below could take the pair towards 2.0073 (23.6% fib).
Recommendation: Good to buy around 2.0270, with stop loss of 2.0180 and target price of 2.0370


FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR retreats slightly but bias is bullish
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: GBP/AUD under pressure as pound continues to weaken 



