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FxWirePro: GBP/AUD edges lower after Fed 25Bp hike, focus shifts to Thursday BoE

• GBP/AUD edged lower  on Wednesday     after the Fed delivered the expected 25-basis-point rate hike.

•   The Fed raised rates by 25 basis points as expected to combat persistent inflation, while oil prices remained above $100 a barrel.

• Twelve of 18 Fed policymakers see one additional 25-basis-point hike in 2026, four expect two more hikes and two see no further increases.

• Other major developed-market central banks are also leaning hawkish, with the Bank of England expected to hold rates Thursday and the Bank of Japan seen hiking Friday.

• Immediate resistance is located at 1.8937(SMA 20), any close above will push the pair towards 1.8943(38.2%fib).
 

• Immediate support is seen at 1.8758(38.2%fib) and break below could take the pair towards 1.8662(Lower  BB ).

Recommendation: Good to sell around 1.8890, with stop loss of 1.8950 and target price of 1.8800

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