• GBP/AUD slipped lower on Wednesday as Australian dollar firmed after the Reserve Bank of Australia raised its benchmark rate for the first time since November 2023
• The RBA unanimously lifted interest rates by 25 basis points to 3.85%, marking its first hike in two years and coming just six months after the August rate cut.
• Australia’s central bank has joined the Bank of Japan as the only developed-world policymakers still hiking rates, even as investors bet on cuts in the U.S., UK and Canada and anticipate a prolonged pause from the ECB.
• Technical signals are bearish as RSI is at 28, momentum studies 11,14 and 21 DMAs are trending down.
• Immediate resistance is located at 1.9737 (38.2%fib), any close above will push the pair towards 1.9832(SMA 20).
• Immediate support is seen at 1.9450(23.6%fib) and break below could take the pair towards 1.9355(Lower BB).
Recommendation: Good to sell around 1.9530 with stop loss of 1.9600 and target price of 1.9450


Pound Under Pressure: GBPJPY Pauses Five-Day Rally for Tactical Profit Booking
FxWirePro: GBP/NZD topside capped, sellers still hold the advantage
Sterling Surge: GBPJPY Eyes 214.00 as Yen Weakness Fuels Five-Day Rally
FxWirePro: USD/ZAR uptrend resumes rise toward key fibo
FxWirePro- Woodies Pivot(Major)
AUDJPY Bullish Momentum Pauses: Profit Booking Offers Fresh Entry Window Near 112.50
FxWirePro- Major European Indices
Bitcoin’s Tug-of-War: Institutional Inflows Battle Technical Resistance at USD 72,500
FxWirePro: GBP/USD dips after US CPI data, key support level in focus
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro -Major European Indices
Aussie Ascent: AUDJPY Bulls Target 115.00 Following Broad-Based AUD Buying
NZDJPY Holds Firm: Bullish Bias Intact Despite Temporary Top at 94.18
Euro's Ascent: EURJPY Bulls Eye 186.00 as Yen Weakness Persists
FxWirePro: USD/ZAR rebounds strongly, upside pressure builds 



