• GBP/ NZD gained on Monday as global growth and China lockdown concerns weighed on commodity related New Zealand dollar.
• Bulls have tightened their grip after registering a close above the 38.2%fib,scope grows for bigger gains towards 1.9450 level.
• Technical signals are strongly bullish as RSI is bullish at 58, 5, 9,11 DMAs are trending up.
• Immediate resistance is located at 1.9373(38.2%fib), any close above will push the pair towards 1.9409 (Higher BB).
• Immediate support is seen at 1.9231 (38.2%fib) and break below could take the pair towards 1.9120 (9DMA).
Recommendation: Good buy around 1.9335, with stop loss of 1.9240 and target price of 1.9450


FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment
FxWirePro :USD/JPY eases slightly, remains on bullish path
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
GBPJPY Slips After Sterling Weakness, Bears Eye 216
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
FxWirePro- Major Crypto levels and bias summary
JPY Action Bias: Bullish Pairs to Watch Out For 



