• GBP/ NZD rose strongly on Wednesday as kwi dollar attracted selling pressure after RBNZ cuts rates and signaled further reductions.
• Investors reacted by knocking the kiwi dollar down against pound , wiping out most of the gains made overnight.
• The RBNZ cuts rates by 25 basis points to 5.25%, marking the first easing in over four years. The central bank signals further reductions, projecting a rate of 3.85% by the end of 2025.
•Immediate resistance is located at 2.1450 (38.2%fib), any close above will push the pair towards 2.1581 (Aug 6th high).
• Support is seen at 2.1282 (50%fib) and break below could take the pair towards 2.1116 (61.8%fib).
Recommendation: Good to buy around 2.1330, with stop loss of 2.1220 and target price of 2.1400


Aussie Consolidates After Peak: AUDJPY Bulls Eye a Strategic Entry for the 115.00 Target
FxWirePro- Woodies Pivot(Major)
Kiwi Ascendant: NZDJPY Bulls Eye Multi-Year Peaks Amid Triple-Day Rally
Pound on Pause: GBPJPY Bulls Regroup for a Potential Sprint Toward 215.00
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
FxWirePro: EUR/NZD remains under pressure as key support gives way
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
Ethereum’s Healthy Correction: Bulls Eye Strategic Re-Entry at 2,150 USD Following Profit-Booking Pullback
FxWirePro- Major European Indices
FxWirePro: GBP/AUD takes back some lost ground
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
Bitcoin’s Islamabad Watch: BTCUSD Consolidates Near 71,421 USD as Geopolitical Peace Talks Loom
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration 



