• GBP/USD strengthened on Tuesday as stronger-than-expected wage growth in the UK led investors to scale back their expectations for future interest rate cuts by the Bank of England next year.
• British wages rose more than expected in the three months to October, leading investors to scale back rate cut bets for next year and boosting sterling.
• The BoE is expected to keep rates unchanged this week, following the U.S. Federal Reserve's likely quarter-point rate cut announcement.
•At GMT 18:28, Sterling was last up 0.29% on the dollar at 1.2718, its highest since Dec 12th
• Immediate resistance is located at 1.2724 (38.2%fib), any close above will push the pair towards 1.2787(Dec12 th high).
•Support is seen at 1.2665(Daily low) and break below could take the pair towards 1.2590(23.6%fib).
Recommendation: Good to buy around 1.2690 with stop loss of 1.2600 and target price of 1.2800


FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro- Major European Indices
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
FxWirePro: USD/ZAR continues to recovers , upside pressure builds
FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro: USD/CNY drifts lower, vulnerable to more downside
FxWirePro: AUD/USD slips amid wavering risk sentiment
FxWirePro: EUR/AUD eases as market awaits Iran deadline
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD stuck in range but maintains bearish bias
GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High
FxWirePro- Major Crypto levels and bias summary 



