• GBP/AUD initially dipped but regained ground as the market awaited global economic data to assess the outlook for monetary policy.
• The Bank of England has been reducing the bank rate by 25 basis points quarterly since August 2024. Following a surprise dovish 6-3 vote in December, markets estimate a 68% chance of another 25bp cut in February.
• A survey on Monday showed that British business activity nearly stagnated in December, with employers reducing staffing at the fastest pace in nearly four years..
• Immediate resistance is located at 2.0160 (23.6%fib), any close above will push the pair towards 2.0281(Higher BB).
• Immediate support is seen at 1.9977 (50%fib) and break below could take the pair towards 1.9822(61.8%fib).
Recommendation: Good to buy round 2.0000, with stop loss of 1.9920 and target price of 2.2200


Sterling’s Steady Ascent: GBPJPY Tests the 213.31 Resistance Amid a Two-Week Consolidation
FxWirePro: AUD/USD edges higher but bearish outlook persists
BTCUSD Coils in Tight Range: Will Geopolitical Stability Trigger a Breakout Toward $80,000?
FxWirePro: USD/CAD remains buoyant, looks to extend gains
FxWirePro:NZD/USD treads water as Iran uncertainty keeps traders on edge
FxWirePro: GBP/NZD runs out of steam but maintains bullish outlook
FxWirePro: GBP/NZD continues to recovers , upside pressure builds
FxWirePro: GBP/AUD idles around 1.9230 as market awaits fresh catalysts
AUDJPY Stalls in Neutral Ground: Bearish Shadows Loom Over the 111.00 Mark
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY edges up as yuan weakens on firmer dollar
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: USD/JPY edges up, looks to extend gains
FxWirePro: GBP/USD drifts lower , could be on verge of bigger drop
NZDJPY in Consolidation: Navigating the 92.00 Range as Bearish Clouds Gather
FxWirePro: USD/CAD positions for another climb, eyes 1.3900 level 



