• GBP/AUD dipped on Monday as investors turned cautious ahead of the upcoming U.K. inflation data, which could provide fresh clues about the Bank of England’s policy outlook.
• U.K. inflation is expected to have risen to 4%, with markets watching closely for signs of persistent price pressures that could influence the Bank of England’s monetary policy outlook.
•An annual inflation rate of 4% for the 12 months to September would only strengthen the case for the Bank of England to continue its cautious approach to monetary easing.
• The data will add to the challenges facing Chancellor Rachel Reeves as she prepares to deliver the delayed Autumn Budget on November 26, where she is expected to outline measures to support growth while maintaining fiscal discipline.
• Immediate resistance is located at 2.0681(Daily high), any close above will push the pair towards 2.0850(50%fib).
• Immediate support is seen at 2.0557(23.6%fib) and break below could take the pair towards 2.0461(SMA 20).
Recommendation: Good to sell around 2.0600 with stop loss of 2.0700 and target price of 2.0500


FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
FxWirePro: GBP/USD under pressure despite UK's modest economic growth
FxWirePro:EUR/NZD stuck In narrow ranges, focus on near term support
FxWirePro- Major Crypto levels and bias summary
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites
FxWirePro- Woodies pivot (Major)
Gold Loses Steam After Strong U.S. Retail Sales
FxWirePro: NZD/USD trades in narrow range ,outlook bullish
JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High
FxWirePro: USD/ZAR advances as South African rand weakens amid renewed Middle East tensions
FxWirePro: AUD/USD edges lower, but bullish outlook persists 



