• GBP/NZD strengthened on Tuesday as risk appetite improved on hopes for a Middle East peace deal.
.• Iran and Israel halted attacks after Trump urged both sides to “stop shooting,” though Tehran warned it could resume strikes if Israel continues targeting Hezbollah in Lebanon.
• The pound is seen as a risk-sensitive currency, given Britain's reliance on global trade and capital flows.
• Meanwhile, concerns over inflation, driven by higher energy costs from the ongoing conflict, have led markets to expect a 25-basis-point interest rate increase by the Bank of England in September..
• On the data front, Investors will focus on the upcoming UK Gross Domestic Product (GDP) data release and US inflation figures.
• Immediate resistance is located at 2.3028(Daily high), any close above will push the pair towards 2.3168(23.6%fib).
• Immediate support is seen at 2.2940(50%fib) and break below could take the pair towards 2.2855(SMA 20).
Recommendation: Good to buy around 2.3000 with stop loss of 2.2920 and target price of 2.3100


FxWirePro- Major Pair levels and bias summary
AUDJPY Cracks Below 113: Bearish Breakdown Accelerates Toward 110.50 Target
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
EURJPY Bearish Dent Intact: Sell the Relief Rally Toward 183/182 Support
FxWirePro: GBP/AUD maintains bullish bias with focus on 1.9100
EUR/USD Relief Rally Crashes Into 200/365 EMA Wall: Sell-on-Rise Near 1.1600 Targets 1.1435
FxWirePro: GBP/USD hovers near three week low, bearish outlook remains
AUD/JPY Dead-Cat Bounce Halted by EMA Wall; Sell-on-Rise Eyes 110.50 Target
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD steadies around 1.3920 level , retains bid tonne
Sterling Surge: GBP/JPY Smashes Above 214 With Triple EMA Blessing; Bulls Eye 217
NZD/JPY Bear Trap: Triple EMA Ceiling Blocks Relief Rally, Sellers Eye 90.50
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown
FxWirePro: USD/CAD bulls continue to hold the higher ground 



