FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: USD/CAD recovers slightly but trend is still bearish 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop 
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains 
FxWirePro: USD/JPY caught in narrow range, bias bearish 
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains 
FxWirePro: GBP/USD dips on UK GDP data miss 
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K 
FxWirePro: GBP/AUD gives up early gains after UK GDP shock 
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/AUD recovers slightly but bears are not done yet 
• GBP/NZD initially rose on Monday but gave up some ground after UK's new finance minister Jeremy Hunt reversed tax plan.
• New finance minister Jeremy Hunt reversed large swathes of the 45-billion pound mini-budget that sparked unprecedented market turmoil in which the pound hit record lows.
• The is pair heading towards the 23.6%fib. Only a break and daily close above 1.9956 (5DMA ) will shift bias to the downside.
• Technical signals are strongly bullish as RSI is at 68, daily momentum studies 5, 9 and 10 DMAs are trending up.
• Immediate resistance is located at 2.0299 (23.6%fib ), any close above will push the pair towards 2.0400 (Higher BB).
• Immediate support is seen at 2.0013 (38.2%fib ) and break below could take the pair towards 1.9956(5DMA).
Recommendation: Good to buy around 2.0200, with stop loss of 2.0000 and target price of 1.9330.
