• GBP/NZD eased on Wednesday as expectations of further monetary policy easing kept bearish pressure on sterling
• Markets seem to overlook new tariff threats from U.S. President Donald Trump, who vowed to impose tariffs on the EU and discussed a 10% duty on Chinese imports.
• Markets are currently pricing in approximately 65 basis points of rate cuts from the Bank of England this year.
• The pair has seen 2.1829 from 2.1728 range on Wednesday , chart points to an drop towards level 2.1600.
• Immediate resistance is located at 2.1829 (Jan 22nd high), any close above will push the pair towards 2.1914(50%fib).
• Immediate support is seen at 2.1722(38.2%fib) and break below could take the pair towards 2.1575(Lower BB).
Recommendation: Good to sell round 2.1760, with stop loss of 2.1850 and target price of 2.1620


FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
FxWirePro: USD/CAD retreats slightly but trend is still bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support
FxWirePro- Major Crypto levels and bias summary
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro- Woodies pivot (Major)
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118
FxWirePro: USD/CNY gains some upside momentum but bias still bearish
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity 



