• GBP/NZD rose on Thursday as sterling bulls find temporary relief as gilts yields pulled back from recent gains.
• UK 30-year gilt yields briefly hit their highest since 1998 this week amid a global selloff in long-dated debt.
• Bank of England Governor Andrew Bailey on Wednesday suggested that British interest rates would continue to fall, but there was far less certainty about the pace of cuts.
• UK construction activity fell for the eighth straight month in August, marking the longest slump since 2020 amid weaker sector optimism, PMI data showed. UK construction PMI rose to 45.5 in August from July’s five-year low of 44.3.
• Immediate resistance is located at 2.3049(38.2%fib), any close above will push the pair towards 2.2982 (20 SMA).
• Strong support is seen at 2.2904(50%fib) and break below could take the pair towards 2.2767(61.8%fib).
Recommendation: Good to buy around 2.2970 with stop loss of 2.2900 and target price of 2.3100


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY hovers near 160, outlook bullish
AUD/JPY: Bullish Momentum Continues in JPY Major Pairs
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
Bitcoin Dips Before the Flip: Whales Load Up $3B as $80K Rebound Looms
FxWirePro: EUR/ AUD gains slightly but remains on bearish path
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
AUD/JPY Faces Downside Pressure Amidst Australian Dollar Weakness
FxWirePro: USD/JPY dips as Yen firms on BOJ rate-hike bets
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: NZD/USD edges higher ahead of RBNZ decision
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption
FxWirePro:EUR/NZD gains some ground but outlook is bearish
FxWirePro- Woodies Pivot (Major)
FxWirePro: USD/CAD rises above 1.3900 level after Warsh's Jackson hole speech 



