• GBP/NZD edged higher on Tuesday as investors geared up for the Bank of England policy meeting.
• The Bank of England (BoE) is expected to hold interest rates steady later this week, maintaining its cautious stance amid ongoing economic uncertainties.
•All 61 economists polled this week expect the BoE to leave rates on hold at 4.5%, with the next cut not likely until May.
• Meanwhile, markets are pricing in relatively hawkish policy, with barely two additional BoE cuts expected for the remainder of 2025.
• Immediate resistance is located at 2.2493(38.2%fib), any close above will push the pair towards 2.2752(23.6%fib).
• Immediate support is seen at 2.2292 (50%fib) and break below could take the pair towards 2.2096(61.8%fib).
Recommendation: Good to buy around 2.2200, with stop loss of 2.1900, and target price of 2.2350


FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro- Major European Indices
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro- Major Crypto levels and bias summary
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro- Woodies Pivot(Major)
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance 



