FxWirePro- Woodies Pivot(Major) 
FxWirePro-Major European Indices 
USD/CHF Pauses After 200-Pip Rally — Buy Dips Near 0.775, Target 0.790 
• GBP/AUD initially dipped but recovered some ground as investors digested Bank of England rate decision.
• The BoE opted to leave interest rates steady, the 5-4 vote split caught traders off guard, revealing a narrow margin of support for the hold and a significant faction already leaning toward cuts.
• Following the decision, several BoE members noted that while inflation remains a concern, the restrictive nature of current rates is weighing more heavily on economic momentum. This shift has led markets to pull forward rate cut expectations.
• Investors are now eyeing March for the bank's next move, with the odds of a 25bp cut next month hovering near 50%.
• Technical signals are bearish as RSI is at 28, momentum studies 11,14 and 21 DMAs are trending down.
• Immediate resistance is located at 1.9591 (Daily high), any close above will push the pair towards 1.9801(38.2%fib).
• Immediate support is seen at 1.9427(23.6%fib) and break below could take the pair towards 1.9293(Lower BB).
Recommendation: Good to sell around 1.9540 with stop loss of 1.9600 and target price of 1.9450
