• GBP/NZD dipped on Tuesday as worries about Russian-Ukraine war and Britain's economic outlook weighed on sterling.
• The pair already under pressure from reduced expectations for BoE rate hikes this year , dropped beneath 38.2% fib support.
• Technicals are favouring bearish sentiment as RSI is at 48 and the pair is trading below 11 & 21-DMAs.
• Immediate resistance is located at 1.9218 (38.2% fib), any close above will push the pair towards 1.9250 (5 DMA)
• Support is seen at 1.9031 (23. 6% fib) and break below could take the pair towards 1.8859 (April 13th low).
Recommendation: Good to sell around 1.9150, with stop loss of 1.9300 and target price of 1.9050.


FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
Major Pair Action Bias: Bullish Pairs to Watch Out For
FxWirePro: GBP/NZD gains some ground but bias is still bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness
FxWirePro- Major Crypto levels and bias summary 



