• GBP/USD slipped lower on Wednesday as US dollar firmed ahead of the closely watched minutes from the Federal Reserve's September meeting.
• Fed minutes due later in the day were expected to provide an explanation for the U.S.central bank's big interest rate cut last month, and could potentially offer more clues on its interest rate trajectory.
•On Thursday, September U.S. consumer inflation figures will be released, while domestic investors also turn their focus towards monthly mining and manufacturing data
• Technical signals bearsih as RSI is at 41 , daily momentum studies 5, 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.3128( 38.2%fib), any close above will push the pair towards 1.3177 (50%fib).
• Strong support is seen at 1.3062(23.6% fib) and break below could take the pair towards 1.3010 (Lower BB).
