• GBP/AUD held steady on Wednesday as the fragile ceasefire between Israel and Iran boosted global risk appetite.
• Investors maintained a cautiously optimistic outlook, which helped stabilize GBP/AUD following recent fluctuations driven by geopolitical tensions and shifting central bank expectations.
• Bank of England Governor Andrew Bailey stated on Tuesday that signs of a softening labour market were becoming more evident and reiterated his view that interest rates are likely to continue declining in the coming months.
• Money markets currently price in an 80% probability of a Bank of England rate cut in August, reflecting growing expectations of policy easing amid signs of a cooling UK economy.
• Technical signals are bullish as RSI is at 58, daily momentum studies 5,9 and 10 DMAs are trending up.
• Immediate resistance is located at 2.1047(Higher BB), any close above will push the pair towards 2.1144 (38.2% fib).
• Strong support is seen at 2.0844 (50% fib) and break below could take the pair towards 2.0667 (Lower BB)
Recommendation: Good to buy around 2.0980 , with stop loss of 2.0900 and target price of 2.1100


FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro: USD/JPY dips below lower range, bearish bias increases
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: GBP/NZD slide lower shifts pressure to the downside
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD downtrend extends ,eyes 23.6%fib support
FxWirePro- Major Crypto levels and bias summary
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
FxWirePro- Major Crypto levels and bias summary
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
FxWirePro: USD/CAD downside pressure builds, key support level in focus 



