• GBP/USD recovered ground on after data showed British retail sales unexpectedly rose in September.
• Sales volumes increased by 0.3% in September, beating economists' expectations for a monthly 0.3% fall.
• After the data pair rallied above 1.3000,lift stops finding resistance at 38.2% fib level.
• GBP/USD remains vulnerable, only a break and daily close above 38.6% fib at 1.3065 will shift bias to the upside.
• Technicals are bearish, falling RSI , daily momentum studies 5, 9 and 10 DMAs trending lower.
• Immediate resistance is located at 1.3065 (38.2% fib), any close above will push the pair towards 1.3103 (Oct 15th high).
• Strong support is seen at 1.2975(23.6% fib) and break below could take the pair towards 1.2913 (Lower BB).
Recommendation: Good to sell on around 1.3040, with stop loss of 1.3100 and target price of 1.2950


FxWirePro- Major European Indices
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High
FxWirePro- Woodies Pivot(Major)
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
FxWirePro- Major Pair levels and bias summary
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
FxWirePro: USD/ZAR continues to recovers , upside pressure builds
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play
FxWirePro: USD/CNY falls to three-year high, scope for further downside
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom 



