• GBP/NZD drifted slightly lower on Monday as pound eased ahead of a slew of economic data this week that could shape expectations around the Bank of England's policy moves this year.
• Investors are focusing on this week's labor market and GDP data for clues about the Bank of England's policy direction.
• The Bank of England is widely expected to keep interest rates unchanged at its upcoming meeting, while the European Central Bank is anticipated to reduce rates in its meeting this week.
• Technical highlight downside risks for GBP/NZD, with momentum studies, 5, 10 and 21 DMAs tracking south.
• Immediate resistance is located at 2.1357 (38.2%fib), any close above will push the pair towards 2.1435 (Aug 19th high).
• Immediate support is seen at 2.1174 (50%fib) and break below could take the pair towards 2.1116(Aug 7th low).
Recommendation: Good to sell around 2.1260, with stop loss of 2.1300 and target price of 2.1140


Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: USD/ZAR sell bias remains below key resistance zone
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal 



