• GBP/ NZD rose on Friday as the pair was lifted by UK GDP data and BoE rate expectations.
• Data showed Britain's economy shrank by a less-than-expected 0.2% in December, despite the setback caused by the Omicron variant .
• Today’s rise has passed through the 38.2% fibonacci retrace point at 2.0358 and now eyes the 23.6%fib resistence.
• Immediate resistance is located at 2.0438 (Daily high), any close above will push the pair towards 2.0519 (23.6%fib).
• Support is seen at 2.0358(38.2%fib) and break below could take the pair towards 2.0288 (50%fib).
Recommendation: Good to buy around 2.0360, with stop loss of 2.0220 and target price of 2.0450


FxWirePro: GBP/AUD under pressure as pound continues to weaken
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
Major Pair Action Bias: Bullish Pairs to Watch Out For
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 



