• GBP/USD declined sharply on Thursday as worse than expected U.K PMI data weighed on sterling .
• British factory activity contracted at its fastest pace in 11 months in December, with manufacturers reducing staff due to higher taxes and weak foreign demand, a survey showed on Thursday.
•The S&P Global UK Manufacturing Purchasing Managers' Index dropped to 47.0 in December from 48.0 in November, below the preliminary reading of 47.3.
• At GMT 11.30,the sterling was last down 0.52% at 1.2444 against US dollar .
• Immediate resistance is located at 1.2532(Daily high), any close above will push the pair towards 1.2573 (38.2 % fib).
• Strong support is seen at 1.2442(23.6% fib ) and break below could take the pair towards 1.2421(Lower BB).
Recommendation: Good to sell around 1.2460, with stop loss of 1.2540 and target price of 1.2360


BoE Pause Pulls Back Sterling: GBP/JPY Dips to 207.92 Despite Hawkish Undercurrents
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot (Major)
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails
FxWirePro: USD/CAD neutral in the near term, scope for further upside
FxWirePro: USD/JPY rises as yen weakens following BOJ's 25bp rate hike
FxWirePro- Major Crypto levels and bias summary
JPY Major Currency Score
FxWirePro: AUD/USD firms after RBA governor Bullock comments
FxWirePro: GBP/AUD falls after BoE rate hold
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
FxWirePro- Woodies Pivot (Major)
USD/CHF Blasts Past 0.8250: Technicals Signal Next Stop at 0.8340
EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength 



