UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210? 
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FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/AUD recovers slightly but bears are not done yet 
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout 
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Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 
FxWirePro: GBP/USD dips on UK GDP data miss 
FxWirePro- Major European Indices 
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
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FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD gives up early gains after UK GDP shock 
• GBP/USD extends losing streak on Friday as growing investor nervousness about the outlook for UK government finances weighed on pound.
• UK Finance Minister Rachel Reeves is under pressure over a rental dispute, will present her budget in late November.
• Reeves has little fiscal room to manoeuvre under her own budget rules to keep Britain’s finances on track.
• Rising expectations suggest Reeves may have to break election pledges and raise taxes as new forecasts point to a weaker economy.
• Markets currently see around a one in three chance of a 25 basis point BoE rate cut next week.
• Immediate resistance is located at 1.3166(Daly high), any close above will push the pair towards 1.3252(38.2%fib)
• Strong support is seen at 1.3080(50%fib) and break below could take the pair towards 1.3000(Psychological level).
Recommendation: Good to sell around 1.3150 , with stop loss of 1.3200 and target price of 1.3050
