• GBP/NZD slipped deeper into negative territory on Tuesday as concerns the BoE's expected rate hike on Thursday may be its last.
•Bank of England (BoE) will likely hike its main interest rate by 25 basis points on Sept. 21 to its highest in more than 15 years.
• A daily close below 2.0845 (61.8% fib) will further improve negative technical outlook, and open the possibility of a fall towards 2.0800 level.
• Technical signals show the pair could lose more ground in the short-term as RSI is at 37 bearish, daily momentum studies 5, 10 and 21 DMAs are trending down.
• Immediate resistance is located at 2.0929 (5DMA),any close above will push the pair towards 2.0964 (50% fib ).
• Immediate support is seen at 2.0845 (61.8% fib) and break below could take the pair towards 2.0781(lower BB).
Recommendation: Good to sell below 2.0900, with stop loss of 2.1100 and target price of 2.0800


FxWirePro: GBP/AUD gives up early gains after UK GDP shock
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report
FxWirePro: GBP/USD dips on UK GDP data miss
FxWirePro- Major Crypto levels and bias summary
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro- Major Pair levels and bias summary
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro: GBP/AUD recovers slightly but bears are not done yet
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains 



