• GBP/USD edged higher on Wednesday but gains were limited as investor’s awaited fresh catalyst for further movement.
• The sharp rise in long-dated yields, particularly the 20-year and 30-year maturities, reflects mounting investor concerns over Britain’s fiscal outlook and debt sustainability, leaving the pound under sustained pressure.
• Attention turns to UK politics. Prime Minister Keir Starmer reshaped his economic team on Monday, a move that unsettled markets.
• The political calendar will be busy today, with the first Prime Minister’s Questions (PMQs) since parliament’s summer recess scheduled between 1100 and 1130 GMT. Market participants will be monitoring for any policy signals.
• Immediate resistance is located at 1.3484(SMA 20), any close above will push the pair towards 1.3550(38.2%fib)
• Strong support is seen at 1.3331 (50%fib) and break below could take the pair towards 1.3183(July 31st low).
Recommendation: Good to sell around 1.3410 with stop loss of 1.3500 and target price of 1.3360


Major Pair Action Bias: NZDUSD Turns Bullish While Other Majors Stay Neutral
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground
FxWirePro: USD/JPY holds steady near 162 as traders await fresh catalysts
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: AUD/USD edges lower, but bullish outlook persists
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
FxWirePro:EUR/NZD stuck In narrow ranges, focus on near term support
NZDJPY Bullish Setup: Buy Dips at 94.50 as Uptrend Holds Above All Key EMAs
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
FxWirePro: NZD/USD trades in narrow range ,outlook bullish 



