Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 
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FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains 
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FxWirePro- Major European Indices 
FxWirePro: GBP/AUD recovers slightly but bears are not done yet 
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: GBP/USD dips on UK GDP data miss 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints 
FxWirePro: GBP/AUD gives up early gains after UK GDP shock 
FxWirePro- Major Pair levels and bias summary 
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support 
NZDJPY lost its shine on a weak New Zealand dollar. The intraday trend remains bearish as long as the 87.50 resistance holds. Having reached a low of 86.15 yesterday, it now trades around 86.846.
Oscillators and moving averages to forecast the trend of NZDJPY
CMP- 86.846
EMA (4-hour chart)
55-EMA- 87.28
200-EMA- 87.66
365-EMA- 87.53. The pair trades below the short and below long-term moving average.
Major support- 86. Any breach below will drag the pair down to 85.37/84.45/84.
Major resistance - 87. Any break above 87 confirms minor bullishness, a jump to 87.50/88.10/89.
Indicator (1 hour chart)
CCI (50)- bearish
Average directional movement Index- Neutral. All indicators confirm a mixed trend.
It is good to sell on rallies around 87 with SL around 87.50 for TP of 86/85.37.
