FxWirePro: GBP /AUD drops below 1.9900 level as market awaits Bank of England rate cut decision 
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FxWirePro: USD/MXN consolidating around 20.550, bias is bullish 
• USD/MXN firmed on Wednesday, on relief after U.S. President Donald Trump temporarily suspended tariffs on Mexico and Canada.
• Trump lifted tariffs on Mexico and Canada for 30 days after the countries reached border security agreements.
• Trump's tari 
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• USD/CAD dipped on Thursday as investors awaited U.S. President Donald Trump's next move on trade restrictions and other federal policies.
• Trump suspended planned tariffs on Mexico and Canada but imposed a 10% tariff on Chinese imports.
• Market volatility spiked after Trump's tariff announcement on Canada and Mexico, though he later postponed them for a month.
•The Bank of Canada is expected to cut policy rates by 50 bps by summer, with CPI inflation around the 2% target.
• At GMT 17:05, the pair was trading down 0.04% at 1.4310
• Immediate resistance is located at 1.4420(Jan 23rd high), any close above will push the pair towards 1.4511(38.2%fib).
• Support is seen at 1.4229(50%fib) and break below could take the pair towards 1.4234(Lower BB).
Recommendation: Be on sidelines
