• GBP/NZD rose on Thursday as sterling bulls find temporary relief as gilts yields pulled back from recent gains.
• UK 30-year gilt yields briefly hit their highest since 1998 this week amid a global selloff in long-dated debt.
• Bank of England Governor Andrew Bailey on Wednesday suggested that British interest rates would continue to fall, but there was far less certainty about the pace of cuts.
• UK construction activity fell for the eighth straight month in August, marking the longest slump since 2020 amid weaker sector optimism, PMI data showed. UK construction PMI rose to 45.5 in August from July’s five-year low of 44.3.
• Immediate resistance is located at 2.3049(38.2%fib), any close above will push the pair towards 2.2982 (20 SMA).
• Strong support is seen at 2.2904(50%fib) and break below could take the pair towards 2.2767(61.8%fib).
Recommendation: Good to buy around 2.2970 with stop loss of 2.2900 and target price of 2.3100


FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K
FxWirePro: USD/JPY caught in narrow range, bias bearish
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900
FxWirePro: GBP/USD dips on UK GDP data miss
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support 



