FxWirePro: GBP/NZD continues to recovers , upside pressure builds 
Sterling’s Steady Ascent: GBPJPY Tests the 213.31 Resistance Amid a Two-Week Consolidation 
FxWirePro: AUD/USD downside pressure builds, key support level in focus 
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path 
FxWirePro: GBP/AUD edges lower, downside risk remains 
FxWirePro: AUD/USD edges higher but bearish outlook persists 
FxWirePro: USD/CAD positions for another climb, eyes 1.3900 level 
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path 
FxWirePro- Major European Indices 
FxWirePro: EUR/AUD consolidating around 1.6650, room for further gains 
FxWirePro: EUR/AUD neutral in the near-term, scope for downward resumption 
FxWirePro: USD/JPY edges up, looks to extend gains 
AUD/JPY Technical Outlook: Range-Bound Trading Amidst Emerging Bearish Pressure 
FxWirePro: USD/CAD remains buoyant, looks to extend gains 
NZD/JPY Technical Outlook: Bearish Momentum Gains as Resistance Holds 
AUDJPY Stalls in Neutral Ground: Bearish Shadows Loom Over the 111.00 Mark 
• GBP/AUD declined on Wednesday, as markets anticipated a rate cut at Thursday's Bank of England policy meeting.
• Traders and investors are anticipating a 25 basis point rate cut to 4.5% by the Bank of England on Thursday, as a result of slowing UK growth and a decline in persistent services inflation.
• Money market pricing showed traders expected around 84 bps of BoE easing this year. The Bank started lowering its main rate from 5.25% in August.
• Immediate resistance is located at 1.9938 (5SMA), any close above will push the pair towards 2.0038(38.2%fib).
• Immediate support is seen at 1.9874(50%fib) and break below could take the pair towards 1.9725 (61.8%fib).
Recommendation: Good to sell round 1.9900, with stop loss of 1.9980 and target price of 1.9820
