• GBP /AUD initially gained but gave up ground as investors assessed the latest U.S. inflation data.
• Inflation data out of the U.S. on Wednesday showed consumer prices rose as expected in October, and progress towards low inflation in the world's biggest economy has slowed since mid-year.
•Technicals are favouring bearish sentiment as RSI is trending lower at 42 and the pair is trading below 5,9 & 21-SMAs.
• Immediate resistance is located at 1.9616 (38.2%fib), any close above will push the pair towards 1.9693 (Nov 4th high).
• Immediate support is seen at 1.9496 (50%fib) and break below could take the pair towards 1.9440(Nov 7th low).
Recommendation: Good to sell round 1.9590, with stop loss of 1.9650 and target price of 1.9520


Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High
FxWirePro: USD/ZAR continues to recovers , upside pressure builds
FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CNY drifts lower, vulnerable to more downside
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
FxWirePro: AUD/USD slips amid wavering risk sentiment
FxWirePro: USD/JPY edges up as yen dips after soft household spending data
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD reverses course, bias back to downside
FxWirePro- Major European Indices
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 



