• GBP/AUD recovered some ground on Thursdays investors assessed Mideast Tensions and awaited upcoming UK GDP data
• Geopolitical tensions remain the dominant market driver, particularly the escalating conflict in the Middle East.
• Iran’s supreme leader has vowed to keep the Strait of Hormuz closed, escalating fears of disruptions to global oil supply.
• Investors are watching key economic data this week, including the UK’s January GDP and output figures, along with U.S. durable goods orders, GDP, and the Core PCE index on Friday.
• Immediate resistance is located at 1.8864(Daily high), any close above will push the pair towards 1.9000(Psychological level).
• Strong support is seen at 1.8706 (23.6%fib ), and break below could take the pair towards 1.8639(Lower BB).
Recommendation: Good to sell on around 1.8900 with stop loss of 1.8980 and target price of 1.8830


FxWirePro -Major European Indices
Sterling Surge: GBPJPY Eyes 214.00 as Yen Weakness Fuels Five-Day Rally
FxWirePro: GBP/NZD topside capped, sellers still hold the advantage
AUDJPY Bullish Momentum Pauses: Profit Booking Offers Fresh Entry Window Near 112.50
FxWirePro: USD/CNY recovers slightly from early decline but bears are not done yet
FxWirePro: EUR/ NZD stays range-bound but maintains bearish bias
FxWirePro- Woodies Pivot(Major)
Pound Under Pressure: GBPJPY Pauses Five-Day Rally for Tactical Profit Booking
FxWirePro: USD/ZAR rebounds strongly, upside pressure builds
FxWirePro: EUR/ NZD up trend gains some momentum but hurdles ahead
FxWirePro- Woodies Pivot(Major)
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: GBP/AUD under pressure , knocking on door of key support
Euro's Ascent: EURJPY Bulls Eye 186.00 as Yen Weakness Persists 



