• GBP/NZD advanced on Tuesday as kiwi dollar weakened ahead of New Zealand’s upcoming labour market data .
.• Markets are widely expecting New Zealand’s upcoming labor report to show a rise in the unemployment rate to 5.3%, reflecting continued softening in labor market conditions.
•Deterioration in the labor market is expected to strengthen the case for the Reserve Bank of New Zealand (RBNZ) to ease monetary policy at its next meeting later this month.
• Meanwhile, UK services businesses saw the sharpest drop in new orders since November 2022 and cut jobs at the fastest pace in six months, adding to BoE growth concerns, a survey showed Tuesday.
• July's S&P Global Services PMI fell to 51.8 from 52.8 in June, a smaller decline than the initially reported drop to 51.2.
• Immediate resistance is located at 2.2562(50%fib), any close above will push the pair towards 2.2690(Higher BB)
• Support is seen at 2.2406 (38.2%fib) and break below could take the pair towards 2.2256 (Lower BB).
Recommendation: Good to buy around 2.2480 with stop loss of 2.2400 and target price of 2.2570


FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse
FxWirePro: EUR/CAD tumbles as strong Canadian jobs data fuels BoC rate-hike bets
FxWirePro: GBP/NZD slide lower shifts pressure to the downside
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY dips below lower range, bearish bias increases
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD force is with bears as pair hits low since June 11th
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed 



