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FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains 
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FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains 
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FxWirePro: GBP/USD dips on UK GDP data miss 
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints 
FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/AUD gives up early gains after UK GDP shock 
• USD/JPY edged lower on Wednesday as the dollar softened in the wake of U.S. inflation data that reinforced expectations for a Federal Reserve rate cut next month.
• U.S. Labor Department data showed the consumer price index rose 2.7% in the 12 months through July, slightly below the 2.8% rate that economists had forecast.
• Investors are now awaiting more U.S. economic data due later this week, including the U.S. Producer Price Index, weekly jobless claims, and retail sales.
• Meanwhile, Japan’s producer price index rose slightly above expectations in July but marked its slowest growth in 11 months, as domestic producers faced pressure from higher overseas tariffs.
• Japan’s PPI rose 2.6% y/y in July, topping forecasts of 2.5% but easing from June’s 2.9% gain, government data showed on Wednesday.
• Immediate resistance is located at 148.05(SMA 20 ), any close above will push the pair towards 149.55(61.8%fib).
• Support is seen at 146.73(50%fib) and break below could take the pair towards 145.41(Lower BB).
Recommendation: Good to buy around 147.70, with stop loss of 147.30 and target price of 148.50
