• GBP/USD rose higher on Thursday as sterling rose after the Bank of England cut interest rates as expected
• The Bank of England lowered its benchmark interest rate to 4% on Thursday, marking its fifth rate cut in 12 months.
• The decision came after a narrow 5-4 vote by the Monetary Policy Committee (MPC), highlighting deep divisions among policymakers..
• This split vote the closest in recent memory reflects the BoE’s growing dilemma: inflation remains elevated, yet economic activity and the labor market are showing signs of strain.
• The rate cut suggests the central bank is leaning toward supporting growth, but the strong dissent signals caution about the pace of further easing
• Immediate resistance is located at 1.3512(38.2%fib), any close above will push the pair towards 1.3590(Higher BB)
• Strong support is seen at 1.3390(SMA 20) and break below could take the pair towards 1.3324(50%fib).
Recommendation: Good to buy around 1.3400 with stop loss of 1.3320 and target price of 1.3480


AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
FxWirePro: USD/JPY dips below lower range, bearish bias increases
CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse
FxWirePro: EUR/CAD tumbles as strong Canadian jobs data fuels BoC rate-hike bets
FxWirePro- Major European Indices
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD sustains gains as uptrend remains strong
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 



