• GBP/NZD declined on Wednesday as less-than-optimistic Brexit comments from Irish Foreign Minister Simon Coveney weighed on pound.
• The comments pushed sterling to session lows by 1.9194. A close below will 1.9179 will unmask 1.9000 Psychological level.
• GBP/NZD remains relatively bearish, having recent shallow pullbacks short-lived so far.
• Technical signals show bearish momentum , the 5 DMA and 9 DMAs trend south, while RSI is heading south at 39.
• On the upside, immediate resistance is located at 1.9286 (38.2% fib ), any close above will push the pair towards 1.9351(5 DMA).
• On the downside, immediate support is seen at 1.9179 (Lower BB ) and break below could take the pair towards 1.9046 (23.6% fib ).
Recommendation: Good to around 1.9230 with stop loss of 1.9400 and target price of 1.9150.


FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro- Major Crypto levels and bias summary
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro: AUD/USD dips below lower range, bearish bias increases
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro- Woodies pivot (Major)
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro- Major Pair levels and bias summary
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed 



