• GBP/NZD rose towards 2.1450 level on Tuesday as GBP continued to gain upward traction ahead of UK inflation data release.
• Upcoming UK CPI and labour market reports will be crucial in determining whether the Bank of England (BoE) will begin cutting rates as early as next month.
• The BoE will need further evidence of slowing services inflation or labour market weakness to gain the confidence needed to vote for a rate cut in August.
• The pound jumped 0.43% at 2.1443 against kiwi dollar , highest level since Sep 7thd 2023.
• Immediate resistance is located at 2.1451 (Daily high ), any close above will push the pair towards 2.1489 (23.6%fib).
• Strong support is seen at 2.1325(38.2%fib) and break below could take the pair towards 2.1230 (July 15th low)
Recommendation: Good to buy around 2.1430, with stop loss of 2.1340 and target price of 2.1500


FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD edged lower as early optimism over U.S.–Iran peace talks fade
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD takes back some lost ground
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD remains under pressure as key support gives way
FxWirePro -Major European Indices
FxWirePro:NZD/USD continues to recovers , upside pressure builds
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets 



