• GBP/ NZD initially gained on Monday but gave up ground as risk aversion weighed on risk-sensitive pound.
• The pair traded in the range of 2.0498 /2.0382 and now eyes the 23.6%fib at 2.0522
• UK jobs and wages data is due on Tuesday, and inflation data for January is due on Wednesday, with retail sales data expected on Friday.
• Technical are bullish, daily RSI is positive at 56, daily momentum studies 11and 14 DMAs are trending up.
• Immediate resistance is located at 2.0522 (23.6%fib), any close above will push the pair towards 2.0570 (Higher BB).
• Support is seen at 2.0522 (38.2%fib) and break below could take the pair towards 2.0266 (50%fib).
Recommendation: Good to buy around 2. 0440, with stop loss of 2. 0320 and target price of 2. 0520


FxWirePro- Major Pair levels and bias summary
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
GBPJPY Slips After Sterling Weakness, Bears Eye 216
FxWirePro: NZD/USD edges lower, remains on back foot
Major Pair Action Bias: Bullish Pairs to Watch Out For
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro :USD/JPY eases slightly, remains on bullish path
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings 



