• GBP/AUD rose sharply as the pound strengthened following the Bank of England's decision to keep interest rates steady ahead of the government's budget.
• The Bank of England kept borrowing costs unchanged, as expected, but a narrow vote and hints that Governor Andrew Bailey may support easing have boosted expectations of a December rate cut.
• The BoE’s MPC voted 5-4 to maintain rates at 4.0% ahead of likely tax rises in Chancellor Reeves’ upcoming budget.
• For the first time, the BoE detailed the perspectives of each MPC member, improving transparency after criticism over October 2022’s 11% inflation peak.
• Immediate resistance is located at 2.0286 (38.2%fib), any close above will push the pair towards 2.0368(SMA 20).
• Immediate support is seen at 2.0005 (23.6%fib) and break below could take the pair towards 1.9908 (Lower BB).
Recommendation: Good to buy around 2.0250 with stop loss of 2.0150 and target price of 2.0360


FxWirePro- Major Pair levels and bias summary
NZDJPY in Consolidation: Navigating the 92.00 Range as Bearish Clouds Gather
FxWirePro: USD/CAD remains buoyant, looks to extend gains
FxWirePro: GBP/USD drifts lower , could be on verge of bigger drop
FxWirePro: USD/CAD positions for another climb, eyes 1.3900 level
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: EUR/AUD neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD edges lower, downside risk remains
FxWirePro: EUR/ NZD stuck in range but maintains bullish bias
FxWirePro: USD/JPY edges up, looks to extend gains
FxWirePro: AUD/USD edges higher but bearish outlook persists
FxWirePro: USD/CNY edges up as yuan weakens on firmer dollar
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD runs out of steam but maintains bullish outlook 



