• GBP/NZD gained ground on Thursday as progress in Brexit trade talks boosted appetite for the British currency.
•The pair hit daily high at 1.9045 and was last trading at 1.8978 at (GMT 18:31).
• Bulls are pushing the pair higher, likelihood grows for bigger gains. GBP/NZD is on course to close above 1.9134 (38.2 fibo)
• Technical signals show bullish sentiment as RSI is at 50 bullish, and Daily moving average are pointing higher.
• Immediate resistance is located at 1.9022 (50% fib), any close above will push the pair towards 1.9144 (38.2% fib).
• Immediate support is seen at 1.8906 (61.8%fib) and break below could take the pair towards 1.8877(5DMA).
Recommendation: Good to buy around 1.8950 , with stop loss of 1.8740 and target price of 1.9200
