• GBP/ NZD strengthened on Wednesday after latest UK inflation numbers reinforced bets that the BoE will likely hike interest rates again.
• The annual consumer price inflation rate cooled to 6.8% from June's 7.9%, the Office for National Statistics said.
• At GMT 17:27, the pair was trading up 0.35 percent,highest level since since 2nd March 2020.
• From a technical viewpoint, the moving averages are pointing upwards, while the RSI is strongly bullish at 68.
• Immediate resistance is located at 2.1432(23.6%fib), any close above will push the pair towards 2.1485(Higher BB).
• Strong support is seen at 2.1252 (5DMA) and break below could take the pair towards 2.1201 (38.2%fib )
Recommendation: Good to buy around 2.1400 with stop loss of 2.1300 and target price of 2.1500


CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro- Major European Indices
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR edges higher but bearish outlook persists
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 



