GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206 
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FxWirePro- Woodies Pivot(Major) 
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• NZD/USD eased on Tuesday as dollar edged higher ahead of U.S. consumer inflation report later in the day, which could influence expectations for Federal Reserve rate cuts.
•U.S. consumer inflation due later in the day could offer more clues on when the Federal Reserve will lower interest rates.
• Cooling inflation could bolster expectations for a rate cut next month, but signs that Trump’s tariffs are driving up prices might lead the central bank to hold off.
• Economists polled by expect core CPI to have risen 0.3% in July, pushing the annual rate higher to 3%.
• Meanwhile, Washington and Beijing extended a tariff truce for another 90 days, a move largely in line with investors' expectations.
• Immediate resistance is located at 0.5953(SMA20), any close above will push the pair towards 0.6010 (38.2%fib).
• Support is seen at 0.5915 (50%fib)and break below could take the pair towards 0.5869(Lower BB).
Recommendation: Good to sell around 0.5940 with stop loss of 0.6000 and target price of 0.5860
