• GBP/ NZD initially dipped on Friday as but recovered ground as market absorbed release of U.S. PCE inflation data.
• The U.S. Commerce Department reported that the Personal Consumption Expenditures (PCE) Price Index rose 0.2% in July, matching economists’ expectations and down from an unrevised 0.3% increase in June.
• In the 12 months through July, the U.S. Personal Consumption Expenditures (PCE) Price Index rose 2.6%, unchanged from June. Excluding the volatile food and energy components, the core PCE Price Index increased 0.3% month-on-month, matching June’s gain..
• Technical signals show the pair could gain more ground in the short-term as RSI is at 58,while moving averages and MACD are trending higher.
• Immediate resistance is located at 2.2985(Daily high), any close above will push the pair towards 2.3160 (23.6%fib).
• Immediate support is seen at 2.2855(38.2%fib) and break below could take the pair towards 2.2822 (SMA 20).
Recommendation: Good to buy around 2.2900 with stop loss of 2.2810 and target price of 2.2980


FxWirePro: GBP/NZD slide lower shifts pressure to the downside
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds
FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
FxWirePro: USD/JPY dips below lower range, bearish bias increases
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level 



