• GBP/NZD fell on Tuesday as weaker-than-expected UK labor market data pressured the pound.
• UK data for the three months ending September showed unemployment rising to 5% alongside a slowdown in wage growth.
• British pay growth eased in the three months ending September, according to Tuesday’s data, boosting forecasts of a Bank of England rate reduction next month.
• The ONS reported Tuesday that pay growth, excluding bonuses, slowed slightly to 4.6% in the three months to September compared with a year earlier.
• Weak employment and wage data bolstered the argument for Bank of England doves pushing for a rate cut at the December 18 meeting, as signs of a slowing UK economy accumulate.
• Immediate resistance is located at 2.3374 ( Daily high), any close above will push the pair towards 2.3496 (23.6% fib).
• Immediate support is seen at 2.3183(SMA20) and break below could take the pair towards 2.3112 (38.2%fib).
Recommendation: Good to sell around 2.3270, with stop loss of 2.3360 and target price of 2.3180


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY drifts lower, vulnerable to more downside
FxWirePro: AUD/USD recovers slightly from early decline but bears are not done yet
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
Aussie Ascent: AUDJPY Reclaims 110.00 as Bullish Momentum Ignites
FxWirePro: GBP/NZD edges up, remains on front foot
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro- Woodies Pivot(Major) 



