FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path 
FxWirePro: GBP/USD under pressure despite UK's modest economic growth 
FxWirePro: NZD/USD trades in narrow range ,outlook bullish 
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites 
FxWirePro- Major Pair levels and bias summary 
JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD 
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NZDJPY Bullish Setup: Buy Dips at 94.50 as Uptrend Holds Above All Key EMAs 
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FxWirePro: AUD/USD edges lower, but bullish outlook persists 
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align 
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground 
FxWirePro- Woodies pivot (Major) 
Major Pair Action Bias: NZDUSD Turns Bullish While Other Majors Stay Neutral 
AUDJPY Bullish Momentum Ignites: Buy Dips Toward 115 Target 
• GBP/AUD slipped to hit two month low on Friday after UK GDP data surprised to the downside, putting renewed pressure on the pound.
• UK GDP fell for the second month in May, raising fresh challenges for Rachel Reeves as global headwinds grow.
• The UK economy contracted by 0.1% in May, following April’s 0.3% drop, the ONS reported.
• The weak data has strengthened market conviction that the Bank of England will cut rates in August, with odds of a 25 bps cut now near-certain.
• Technical signals remain bearish, with RSI at 36 and the 5-, 9-, and 11-day moving averages all trending lower.
• Immediate resistance is located at 2.0655(38.2% fib), any close above will push the pair towards 2.0810 (20 SMA).
• Strong support is seen at 2.0478(March 27th low) and break below could take the pair towards 2.0299(23.6% fib).
Recommendation: Good to sell around 2.0530, with stop loss of 2.0650 and target price of 2.0400
