• GBP/AUD declined on Wednesday as sterling attracted sellers ahead of Thursday's BoE rate announcement.
• Money markets are placing a 92% chance that the BoE will hold rates unchanged in its coming meeting on Thursday.
• A daily close below 23.6%fib support will likely open the possibility of drop towards 1.8900 level.
• Technical signals are bearish as RSI is at 44, daily momentum studies 5,9,21 DMA are trending south.
• Immediate resistance is located at 1.9208 (38.2%fib), any close above will push the pair towards 1.9262(Oct 26th high).
• Strong support is seen at 1.9018(23.6%fib) and break below could take the pair towards 1.8931(Oct 2nd low).
Recommendation: Good to sell around 1.9080 with stop loss of 1.9170 and target price of 1.8980


FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD bulls remain cautiously optimistic
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone 



