FxWirePro: GBP/AUD recovers from early decline but bears are not done yet

• GBP/AUD rebounded   on Thursday  as a deal in Washington to reopen the U.S. government after the longest shutdown improved investors optimism..

•Global markets remained focused on the flow of economic data from the U.S. after President Trump signed legislation ending the country's longest government shutdown.

• The 43-day data blackout left both the Federal Reserve and traders uncertain about labour market conditions and inflation trends.

•On the data front, Britain's economic performance showed minimal momentum in the third quarter, with growth hampered by a cyberattack on Jaguar Land Rover in September.

The British economy grew 0.1% in the third quarter of 2025, the Office for National Statistics said, slowing from growth of 0.3% in the second quarter.

• Immediate resistance is located at 2.0236(SMA 20), any close above will push the pair towards 2.0390(38.2%fib).

• Immediate support is seen at 1.9959(23.6%fib) and break below could take the pair towards 1.9785(Lower BB).

Recommendation: Good to buy  around 2.0180 with stop loss of 2.0260  and target price of 2.100