• The GBP/NZD currency pair edged lower on Monday, but the downside was limited as traders awaited key economic data from the UK that could influence the BoE’s interest rate outlook.
• The upcoming UK labor market report on Tuesday, the July CPI report on Wednesday, and the Q2 GDP report on Thursday are crucial for the Bank of England's assessment of inflation risks.
• GBP/NZD remains well below 2.1314 ( 38.2%fib),Daily close below 50%fib wil increase the scope for much bigger drop.
• Immediate resistance is located at 2.1288 (Daily high), any close above will push the pair towards 2.1367(50%fib).
• Immediate support is seen at 2.1136(38.2%fib) and break below could take the pair towards 2.0963 (Lower BB).
Recommendation: Good to sell around 2.1220, with stop loss of 2.1350 and target price of 2.1150


AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro: GBP/AUD bears maintain upper hand
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro- Major Crypto levels and bias summary
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: USD/CAD edges lower but bullish outlook persists
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro: USD/ZAR retreats slightly but bias is bullish 



