• GBP/NZD dropped towards 2.1200 level after Federal Reserve Chair Jerome Powell indicated potential interest rate cuts.
• Powell's speech at Jackson Hole is seen as paving the way for a September rate cut, though the size and timing of the cut will depend on forthcoming data.
•A decline to 2.1100 could occur if GBP/NZD bears break through the support at the 23.6% fibonacci level.
• Immediate resistance is located at 2.1336(38.2%fib), any close above will push the pair towards 2.1464 (50%fib).
• Immediate support is seen at 2.1178 (23.6%fib) and break below could take the pair towards 2.1103(Aug 7thlow).
Recommendation: Good to sell around 2.1220, with stop loss of 2.1300 and target price of 2.1100


EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro- Woodies pivot (Major)
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: GBP/NZD gains some ground but outlook is bearish
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 



