GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40 
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118 
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path 
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch 
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch 
Major Crypto Action Bias: BTC, ETH & SOL Turn Bullish – SOLUSD Leads as the Top Pair to Watch 
JPY Action Bias: Bullish Winds Strengthen – NZDJPY Leads the Charge as Top Pair to Watch 
Major Pairs Action Bias: NZDUSD Turns Extremely Bullish as EURUSD Stays Bearish – AUDUSD Emerges as Key Bullish Pair to Watch 
FxWirePro: USD/CAD retains bid tone,eyes 1.4200 level 
BTCUSD Holds Above 365 EMA as Bullish Momentum Builds Toward $70K 
ETHUSD Breaks Above $1900 as Bulls Eye $2300 and Beyond 
FxWirePro: USD/ZAR slips as rand gains on U.S.-Iran developments 
FxWirePro- Major Pair levels and bias summary 
NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97 
FxWirePro: AUD/USD better risk puts bulls back in charge 
FxWirePro- Woodies pivot (Major) 
• GBP/USD slipped below 1.2700 level on Thursday as U.S. currency's continued its relentless rise after data showed U.S. producer prices increased by the most in five months in November
• The producer price index for final demand rose 0.4% last month, the largest gain since June, following an upwardly revised 0.3% increase in October, according to the Labor Department's Bureau of Labor Statistics.
• A separate report from the Labor Department showed initial claims for state unemployment benefits rose by 17,000 to a seasonally adjusted 242,000 for the week ending Dec. 7.
• At GMT 1:42, Sterling was last down 0.40% on the dollar at 1.2700, its lowest since Dec 5th low
• Immediate resistance is located at 1.2752 (50%fib), any close above will push the pair towards 1.2789(61.8%fib).
• Support is seen at 1.2678(38.2%fib) and break below could take the pair towards 1.2614(23.6%fib).
Recommendation: Good to sell around 1.2720, with stop loss of 1.2800 and target price of 1.2640
