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FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish 
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GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40 
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support 
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FxWirePro: AUD/USD bulls struggles as upside momentum fades 
• GBP /NZD edged higher on Monday as focus shifted UK inflation data and central bank meeting.
• Inflation figures released on Wednesday will be crucial ahead of the BoE's policy announcement.
• The BoE is widely expected to maintain interest rates this week following a 25-basis-point cut last month.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 55 bullish, daily momentum studies 5, 9 and 11 DMAs are trending up.
• Immediate resistance is located at 2.1364(38.2% fib), any close above will push the pair towards 2.1446 (Higher BB).
• Immediate support is seen at 2.1192 (50%fib) and break below could take the pair towards 2.1100 (Aug 7th low).
Recommendation: Good to buy on dips around 2.1300, with stop loss of 2.1200 and target price of 2.1400
