• GBP/USD traded in tight range on Tuesady as market focus now turns to this week’s UK inflation report.
• A cooler-than-forecast CPI reading would give ammunition to BoE doves seeking rate cuts in December and early 2025.
• The headline inflation expected to ease to 3.6% YoY from 3.8% and core inflation seen edging down to 3.4% from 3.5%.
•Markets may interpret the data as clearing the way for a BoE policy easing in December or January, given last week’s disappointing GDP and jobs reports.
• Immediate resistance is located at 1.3186(SMA 20), any close above will push the pair towards 1.3275(38.2%fib)
• Strong support is seen at 1.3101(38.2%fib) and break below could take the pair towards 1.3011(Lower BB).
Recommendation: Good to sell around 1.3170 , with stop loss of 1.3250 and target price of 1.3100


FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro: GBP/USD slips to four-month low with plenty more downside potential
Euro Bulls Retreat: EURUSD Faces Resistance at 1.1500 as Technical Indicators Signal Further Downside
FxWirePro: EUR/AUD eases slightly but trend is still bullish
Ethereum Reclaims $2,000 Handle: ETHUSD Stabilizes as Bulls Eye a Recovery
Ethereum in Consolidation: ETH Trapped in Narrow Range as Bulls Await the USD 2,000 "Buy the Dip" Opportunity
Bitcoin on Edge: Geopolitical Tensions Weigh on BTC as Bulls Eye the USD 64,000 "Buy the Dip" Zone
FxWirePro: USD/JPY stuck in narrow ranges amid intervention risks
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR loses momentum but outlook is bullish
FxWirePro: EUR/NZD loses momentum but bullish setup remains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR remains buoyant, looks to extend gains 



