• GBP/ dipped on Monday as dollar firmed as a run of positive economic data led investors to scale back expectations about the size and speed of rate cuts from the Fed.
Last week, data showed retail sales grew more than anticipated in September and jobless claims fell •the previous week
• At GMT16:03, the pair was trading up 0. 52 % at 1.2978, lowest since 17th Oct
• Technical highlight downside risks for GBP/USD , with momentum studies, 5, 10 and 11 DMAs tracking south.
• Immediate resistance is located at 1.3024( Oct 17th high), any close above will push the pair towards 1.3059(38.2%fib)
• Strong support is seen at 1.2975(23.6%fib) and break below could take the pair towards 1.2900(Psychological level).
Recommendation: Good to sell around 1.3000, with stop loss of 1.3100 and target price of 1.2920


USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro: USD/JPY edges higher but bulls lack punch
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR sell bias remains below key resistance zone 



