FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut 
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70 
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally 
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro- Major European Indices 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
Ichimoku Analysis (4 hour chart)
Tenken-Sen- $2037.91
Kijun-Sen- $2020.95
Gold trades in a narrow range after hitting a month high. It hit a high of $2052.04 yesterday and is currently trading around $2045.24.
US GDP grew at an annualized rate of 5.2% in Q3, compared to a forecast of 5%.
Major economic data for the day
Nov 30th, 2023, Core PCE index (1:30 pm GMT)
US dollar index- Bearish. Minor support around 102/100. The near-term resistance is 103/104.50.
According to the CME Fed watch tool, the probability of a no-rate hike in Dec decreased to 97.10% from 99.70% a day ago.
The US 10-year yield trades flat ahead of US PCE data. The US 10 and 2-year spread narrowed to -38% from -52%.
Factors to watch for gold price action-
Global stock market- Bullish (negative for gold)
US dollar index - Weak (positive for gold)
US10-year bond yield- Bearish (Positive for gold)
Technical:
The near–term support is around $2030, a break below targets of $1980/$1965/$1950/$1929/$1900/$1850. The yellow metal faces minor resistance around $2050 and a breach above will take it to the next level of $2070/$2100.
It is good to buy on dips around $2020 with SL around $2000 for TP of $2070.
