Major Crypto Action Bias: ETHUSD Turns Bullish – Only Bullish Pair to Watch 
FxWirePro: USD/ZAR slips as rand gains on U.S.-Iran developments 
FxWirePro: GBP/AUD dips amid heightened Geopolitical concerns 
NZDJPY Bullish Above 95: Buy Dips Toward 97 as Kiwi Strength Holds Firm 
FxWirePro: NZD/USD rallies as NZ inflation hits 2-1/2-year high 
NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97 
ETHUSD Breaks Above $1900 as Bulls Eye $2300 and Beyond 
BTCUSD Holds Above 365 EMA as Bullish Momentum Builds Toward $70K 
FxWirePro: AUD/USD bulls struggles as upside momentum fades 
FxWirePro: USD/CNY gains some upside momentum but bias still bearish 
FxWirePro: GBP/USD slips as Middle East tensions boost safe-haven dollar 
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger 
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path 
AUDJPY Surges on Aussie Strength: Buy Dips Toward 117/118 as Bullish Momentum Accelerates 
FxWirePro: USD/CNY dips as yuan firms as investors await policy cues 
FxWirePro: AUD/USD better risk puts bulls back in charge 
• GBP/USD dipped on Wednesday as a benign U.S. CPI report reinforced expectations of a 25 basis point rate cut by the U.S. Federal Reserve next week..
• A Labor Department report revealed that the Consumer Price Index (CPI) rose 0.3% in November, matching forecasts, while the annual increase was 2.7%, in line with expectations.
• The report boosted the probability of a quarter-point rate cut by the Fed on December 18 to 96.4%, according to CME's FedWatch tool.
• Technical signals are bearish as RSI is at 49, daily momentum studies 5, 9 and 10 SMAs are trending down.
• Immediate resistance is located at 1.2827( 50%fib), any close above will push the pair towards 1.2873(Nov 12th high)
• Strong support is seen at 1.2713(38.2%fib) and break below could take the pair towards 1.2637(Dec 4th low).
Recommendation: Good to sell around 1.2750, with stop loss of 1.2850 and target price of 1.2680
