FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level 
AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104 
FxWirePro: AUD/USD firms as Australian household spending records sharp jump 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
NZDJPY Eyes Higher Ground: Buy the Dips as Bulls Defend 88.70 Support 
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption 
FxWirePro- Major US Indices 
FxWirePro- Major Pair levels and bias summary 
Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next 
FxWirePro: NZD/USD sustains gains as uptrend remains strong 
FxWirePro: USD/CAD extends drop, faces 50%fib support 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
GBPJPY Bulls on Guard: Buy the Dip at 206 as Support Holds Firm – Target 208 in Sight 
FxWirePro: GBP/AUD gains some upside momentum, but bearish outlook remains 
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed 
FxWirePro: USD/ CNY gains some upside momentum but still bearish 
• GBP/NZD fell on Friday as pound weakened after a report the UK budget will not include income tax rises.
• Media reports showed that British Prime Minister Keir Starmer and Finance Minister Rachel Reeves have abandoned plans to raise income tax rates, marking a sharp shift just weeks ahead of the November 26 budget.
• Reeves may need tens of billions to meet her fiscal goals, and her comment that “we will all have to contribute” was seen as hinting at a possible break from the election pledge on income tax.
• News of the policy shift, first revealed by the FT on Thursday night, sent pound tumbling Friday.
• Immediate resistance is located at 2.3285 (38.2% fib), any close above will push the pair towards 2.3520 (23.6% fib).
• Immediate support is seen at 2.3153(SMA20) and break below could take the pair towards 2.3091 (50%fib).
Recommendation: Good to sell around 2.3200, with stop loss of 2.3300 and target price of 2.3120
