• GBP/NZD declined on Tuesday as investors awaited the Jackson Hole Symposium this week.
• UK Aug flash PMIs on Wednesday is seen soft may diminish BoE rate expectations but Powell comments on Friday more meaningful.
• GBP/NZD drops below the 5-DMA, slide halts at the 2.1399 (38.2%fib),charts points drop towards 2.1250.
• From a technical viewpoint, RSI is turning lower ,moving averages 5,9 DMA’s are trending down.
• Immediate resistance is located at 2.1537(Daily high), any close above will push the pair towards 2.1609(23.6%fib).
• Strong support is seen at 2.1399 (38.2%fib) and break below could take the pair towards 2.1357 (5DMA).
Recommendation: Good to sell below 2.1450, with stop loss of 2.1550 and target price of 2.1300


FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro- Major Pair levels and bias summary
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro- Major Crypto levels and bias summary
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: USD/CAD bulls continue to hold the higher ground
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro: USD/JPY edges higher but bulls lack punch 



