• GBP/NZD was little changed on Friday as investors scrutinizes Federal Reserve Chair Jerome Powell's Jackson Hole speech.
•Federal Reserve Chair Jerome Powell said the Fed may need to raise interest rates further to ensure inflation is contained.
• GBP/NZD traded in a 1.26-1.2655 range during the Jackson Hole speech. At GMT 19:23, the pair was trading up 0.12 percent at 2.1290
• Technicals are favouring bearish sentiment as RSI has turned lower and the pair is trading below 5 & 9-DMAs.
• Immediate resistance is located at 2.1364 (5DMA), any close above will push the pair towards 2.1445 (38.2%fib)
• Support is seen at 2.1209 (38.2% fib) and break below could take the pair towards 2.1178 (Aug 15th low).
Recommendation: Good to sell around 2.1300 with stop loss of 2.1450 and target price of 2.1180.


Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro- Major Crypto levels and bias summary
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases 



