- Major resistance- 2.17532
- GBP/NZD has retreated after making a high of 2.175 on account of better than expected New Zealand trade surplus.
- New Zealand posted a trade surplus of $292 million in Apr, more than the $60 million expected driven by lower NZD and higher import volumes.
- GBP/NZD has declined till 2.15958 and slightly recovered from that level. Short term trend is slightly weak as long as support 2.1760 holds.
- Any break above 2.1760 will take the pair till 2.1796/2.1856.The minor resistance is around 2.169 (61.8% retracement of 2.1751 and 2.1595).
- On the lower side major support is around 2.1590 and break below targets 2.1490/2.1450.
It is good to sell on rallies around 2.1685-2.1690 with SL around 2.1760 for the TP of 2.1600
R1-2.176
R2-2.1795
R3-2.1856
Support
S1-2.1590
S2-2.1490
S3-2.1450


FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout 



