• GBP/ NZD initially dipped but recovered some ground as investors looked past U.S. shutdown developments and awaited UK economic data to gauge the Bank of England’s next moves.
• The UK Office for National Statistics (ONS) is set to release its third-quarter reports on Thursday, covering both GDP growth and productivity.
• Last month’s ONS data showed UK economic growth of 0.1% in August, with July’s growth figures revised lower.
• A poll of economists expect a modest 0.2% growth rate over Q3, while the Bank of England warned that uncertainty around the budget was stalling activity.
• Immediate resistance is located at 2.3470 ( 23.6%fib), any close above will push the pair towards 2.3562 (Higher BB).
• Immediate support is seen at 2.3203(SMA 20) and break below could take the pair towards 2.3084 (38.2% fib).
Recommendation: Good to buy around 2.3300 with stop loss of 2.3160 and target price of 2.3400


FxWirePro- Major Pair levels and bias summary
Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next
FxWirePro: EUR/AUD poised for further downside after key fibo break
FxWirePro- Major European Indices
FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro: AUD/USD firms as Australian household spending records sharp jump
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ CNY gains some upside momentum but still bearish
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
GBPJPY Bulls on Guard: Buy the Dip at 206 as Support Holds Firm – Target 208 in Sight 



