• GBP/NZD steadied on Thursday as hotter than expected U.S. inflation data lifted the pair higher.
• A U.S. Labor Department report showed consumer prices increased more than expected in December as rents maintained their upward trend.
• The pair currently is approaching resistance at 38.2%fib. A break above will unmask 2.0550 level in the short term.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 57,while moving averages are trending higher.
• Immediate resistance is located at 2.0488(38.2%fib), any close above will push the pair towards 2.0562 (Higher BB).
• Immediate support is seen at 2.0415 (50%fib) and break below could take the pair towards 2.0337 (61.8%fib).
Recommendation: Good to buy around 2.0450, with stop loss of 2.0360 and target price of 2.0550


FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: USD/CAD edges lower but bullish outlook persists
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro:USD/JPY hovers near a four-decade low
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 



