• GBP/AUD eased on Tuesday after Bank of England Chief Economist Huw Pill offered a slightly more dovish inflation outlook..
• Bank of England Chief Economist Huw Pill, among the MPC’s most cautious voices on inflation, said Tuesday he feels more comfortable with the UK’s inflation outlook than he did earlier this year.
• Bank of England Chief Economist Huw Pill voted with the majority last week to keep the benchmark rate at 4%, but he had dissented earlier when the MPC cut rates in May and August.
• Technical are bearish , daily RSI is bearish at 44, daily momentum studies 9 and 10 DMAs are trending down.
• Immediate resistance is located at 2.0514 (Sep 23rd low), any close above will push the pair towards 2.0684(50% fib).
• Strong support is seen at 2.0366 (23.6% fib) and break below could take the pair towards 2.0295(Lower BB).
Recommendation: Good to sell on around 2.0500, with stop loss of 2.0600 and target price of 2.0350


FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: USD/ZAR sell bias remains below key resistance zone
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro: USD/JPY edges higher but bulls lack punch 



