Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites 
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FxWirePro- Major Pair levels and bias summary 
FxWirePro:EUR/NZD dips below lower range, bearish bias increases 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path 
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FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
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FxWirePro: USD/JPY holds steady near 162 as traders await fresh catalysts 
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NZDJPY Bullish Setup: Buy Dips at 94.50 as Uptrend Holds Above All Key EMAs 
• GBP/AUD initially gained but gave up some ground on Tuesday as markets digested UK labour market data figures.
• Payroll numbers, based on provisional tax office data, fell by 8,000 in July versus June. This marks the sixth straight monthly decline since February but is the smallest decrease in that period.
• Private sector basic wage growth, a key focus for the Bank of England, slowed slightly to 4.8% in the three months through June.
• Technical are bullish, daily RSI is bullish at 55, daily momentum studies 9 and 10 DMAs are trending up.
• Immediate resistance is located at 2.0762 (Higher BB), any close above will push the pair towards 2.0888 (50% fib).
• Strong support is seen at 2.0582 (61.8% fib) and break below could take the pair towards 2.0424 (Lower BB).
Recommendation: Good to buy on around 2.0640, with stop loss of 2.0500 and target price of 2.0750
