• GBP/USD ebounded strongly on Thursday as sterling attracted buyers after Bank of England cut rates by 25bps .
• Monetary Policy Committee (MPC) voted 8-1 to cut rates to 4.75% from 5%, a stronger majority than expectations in a Reuters poll for a 7-2 vote in favour of a cut.
• Attention now turns to the Federal Reserve's policy decision later today, with markets largely anticipating a 25 basis point rate cut.
• Immediate resistance is located at 1.3047( Nov 5th high), any close above will push the pair towards 1.3074 (50% fib)
• Strong support is seen at 1.2987(38.2% fib) and break below could take the pair towards 1.2959 (5SMA).
Recommendation: Good to buy around 1.3000, with stop loss of 1.2920 and target price of 1.3080


FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: USD/JPY edges higher but bulls lack punch
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro- Woodies pivot (Major)
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USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout 



