• GBP/NZD initially dipped but recovered some ground as traders digested UK business activity data and remarks from Bank of England governor Andrew Bailey.
• Bank of England Governor Andrew Bailey warned on Friday that relaxing financial regulations as the memory of past crises fades could be risky, emphasizing that central banks must stay alert to new potential threats.
• British factory activity fell at the fastest pace in five months in September, weighed down by weak domestic demand and fewer export orders, a survey showed
• The S&P Global Services PMI for the UK fell sharply to 50.8 in September from 54.2 in August, marking its lowest level since April
• Technicals leans bullish as RSI is at 58 bullish, and 9,11 and 14 DMA’s are trending up.
• Immediate resistance is located at 2.3218 (Daily high ), any close above will push the pair towards 2.3240(23.6%fib).
• Strong support is seen at 2.3051 (38.2% fib) and break below could take the pair towards 2.2988 (SMA 20).
Recommendation: Good to buy around 2.3100, with stop loss of 2.3000 and target price of 2.3180


FxWirePro- Major Crypto levels and bias summary
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
FxWirePro: GBP/AUD edges higher but bulls lack punch
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro- Woodies pivot (Major)
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
FxWirePro- Woodies pivot (Major)
EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies
FxWirePro: AUD/USD range bound ahead of RBA policy decision
FxWirePro: GBP/USD gains above 1.3500 ahead of key U.S. and UK data
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish 



