• GBP/NZD adavanced on Tuesday as sterling gained traction as investors digested UK jobs data.
• The number of employees on company payrolls, based on tax office data, decreased by a provisional 8,000 in July compared to June. This marks the sixth consecutive monthly decline since February, but it is the smallest drop recorded during this period.
• Basic wage growth in the private sector, closely monitored by the Bank of England, slowed slightly to 4.8% in the three months ending in June.
• Technical are bullish, daily RSI is positive at 61, daily momentum studies 9 and 10 DMAs are trending up.
• Immediate resistance is located at 2.2695 (50%fib), any close above will push the pair towards 2.2760(Higher BB)
• Support is seen at 2.2512 (SMA 20) and break below could take the pair towards 2.2441 (61.8%fib).
Recommendation: Good to buy around 2.2650 with stop loss of 2.2520 and target price of 2.2760


FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major European Indices
FxWirePro: USD/ZAR remains weak, eyes 23.6%fib support
AUDJPY Holds Steady on New Year's Eve Lull: Bullish Bias Intact Above 103.80 – Buy Dips Targeting 107
AUD/JPY Holds Steady with Bullish Undertones: Buy the Dips Targeting 107
FxWirePro:AUD/USD attracts selling interest, could be on verge of a bigger drop
NZDJPY Breaks Lower: Bearish Bias Strengthens as Trendline Support Crumbles
EURJPY Holiday Lull: Tight Range Above 183 Keeps Bullish Bias Alive – Buy Dips Targeting 186-187
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD sustains gains as uptrend remains strong
GBPJPY Coiled in Tight Range: Bullish Bias Holds Above 210 – Buy Dips Targeting 212 Breakout
FxWirePro: USD/JPY caught in narrow range, bias bearish
FxWirePro: USD/JPY holds narrow range,focus on near-term support
FxWirePro: USD/CNY downside pressure builds, key support level In focus
FxWirePro: USD/CAD trends higher, but faces potential pitfalls
FxWirePro: USD/ZAR remains weak, eyes 23.6%fib support
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 



