• GBP/NZD initially gained on Tuesday but gave up ground as investors eyed U.S. inflation data due on Wednesday .
• Wednesday's highly anticipated July U.S. CPI report, could put shorts in danger.
• At GMT 18:11, the pair was trading up 0.20 percent at 1.9244 after reaching daily high at 1.9295.
• Technical are bearish, daily RSI is negative at 46, daily momentum studies 11and 14 DMAs are trending down.
• Immediate resistance is located at 1.9239(14DMA), any close above will push the pair towards 1.9408(38.2%fib)
• Immediate support is seen at 1.9192 (23.6%fib ) and break below could take the pair towards 1.9149 (Lower BB).
Recommendation: Good to sell around 1.9250, with stop loss of 1.9350 and target price of 1.9190.


FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
FxWirePro: USD/CAD pauses decline,critical support lies ahead
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD dips on soft China data
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD gives up early gains after UK GDP shock 



