Early on the day Cable weakened from the NY session high of 1.5339, upside was capped by 200-DMA at 1.5317 in the Asian session
- Small spike seen into the European open, pair edges higher, trades above 200 DMA
- Markets await Bank of England rate decision, tone of the minutes will be keenly watched
- Action in the EUR/GBP after the release of the ECB accounts/minutes could affect the cable
- GBP/USD is currently trading at 1.5331 with immediate resistance at 1.5340 (Daily High Oct 7) and support at 1.5300 (Hourly Low Oct 8)
Resistance Levels:
R1: 1.5340 (Daily High Oct 7)
R2: 1.5364 (Daily High Sept 23)
R3: 1.5383 (Kijun, 50% 1.5659-1.5107)
Support Levels:
S1: 1.5300 (Hourly Low Oct 8)
S2: 1.5223 (Daily Low Oct 7)
S3: 1.5141 (Daily Low Oct 6)


FxWirePro: GBP/NZD runs out of steam but maintains bullish outlook
NZDJPY Plummets Below 90; Downtrend Favors Sellers on Pullbacks
EUR/USD Defies ECB Rate Hike to Reclaim 1.1600: Technical Setup Points to Buy-on-Dips Opportunity
FxWirePro: USD/JPY hovers near 7-month low, Outlook strongly bearish
FxWirePro- Woodies Pivot (Major)
FxWirePro: EUR/NZD gaining momentum for a move towards 2.0100 level
FxWirePro: EUR/AUD scales one-week peak after ECB rate hike
NZDJPY: Downtrend Favors Sellers After Minor Pullback; Sell on Rallies Advised
FxWirePro: EUR/NZD advances ahead of ECB meeting and US inflation data
EUR/JPY Bearish Bias Persists: Strategic Sell-on-Rally Setup Near 179.30 Target
Silver Under Pressure After ECB Rate Hike: Bearish Technicals Point to Sell-on-Rally Opportunity
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD range bound ahead of key event risks
FxWirePro: EUR/AUD gains modestly ahead of ECB policy decision
JPY Major Currency Score: AUDJPY, EURJPY, CADJPY Extremely Bearish
FxWirePro: GBP/USD gains some ground but bulls lack punch 



