• GBP/NZD dipped on Thursday as softening labour market and stagnating economy kept bearish pressure on pound.
• Data on Tuesday showed Britain’s jobless rate rose to 3.9% in the three months to March, while basic pay increased 6.7%, below expectations in a poll
• Technicals are favouring bearish sentiment as RSI is at 46 and the pair is trading below 5,10 & 11-DMAs.
• Immediate resistance is located at 1.9962 (11DMA), any close above will push the pair towards 2.0035(38.2% fib)
• Strong support is seen at 1.9884(50% fib)and break below could take the pair towards 1.9783 (May 11th low).
Recommendation: Good to sell around 1.9900 with stop loss of 2.0050 and target price of 1.9820


FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro:USD/JPY hovers near a four-decade low
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro- Major Crypto levels and bias summary
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro- Major Crypto levels and bias summary 



