• GBP/ NZD strengthened on Thursday as investors assessed the impact of rate hikes on the British economy.
• In an up-and-down session, the pair hit low at 2.0740 in early trading then gained towards 2.0800.
• A rally towards 2.0950 is possible if GBP/ NZD bulls overcome resistance at 23.6%fib.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 64,while moving averages and MACD are trending higher.
• Immediate resistance is located at 2.0808 ( 23.6%fib), any close above will push the pair towards 2.0856 (Higher BB).
• Immediate support is seen at 2.0682 (5DMA) and break below could take the pair towards 1.20567(38.2%fib).
Recommendation: Good to buy around 2.0780, with stop loss of 2.0650 and target price of 2.0900


FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro: USD/ZAR retreats slightly but bias is bullish
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades 



