FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
FxWirePro: GBP/USD biased higher but rally currently stretched 
FxWirePro: USD/ZAR recovers slightly but trend is still bearish 
FxWirePro: USD/CAD extends decline on broad dollar weakness 
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows 
FxWirePro- Woodies Pivot(Major) 
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off 
FxWirePro- Major European Indices 
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 
FxWirePro: EUR/AUD under pressure as key support gives way 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: AUD/USD retreats slightly but trend is still bullish 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro: GBP/USD bulls remain cautiously optimistic 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
• GBP/NZD declined on Wednesday as sterling attracted sellers after steeper than expected decline in UK July GDP.
• UK July GDP miss is blow for hawks advocating two more rate hikes from Bank of England.
• GBP/NZD is approaching (38.2% fib) support, a break below will accelerate further losses.
• Technical signals show the pair could lose more ground in the short-term as RSI is at 47 bearish, daily momentum studies 5, 10 and 21 DMAs are trending down.
• Immediate resistance is located at 2.1157 (5 DMA),any close above will push the pair towards 2.1225 (23.6 % fib ).
• Immediate support is seen at 2.1103 (38.2% fib) and break below could take the pair towards 2.1052 (Lower BB )
Recommendation: Good to sell below 2.1120, with stop loss of 2.1200 and target price of 2.1050
