FxWirePro: USD/JPY dips as Yen firms on BOJ rate-hike bets 
AUD/JPY Faces Downside Pressure Amidst Australian Dollar Weakness 
FxWirePro- Major Pair Currency Score (AUDUSD Bullish) 
JPY Major Currency Scores: USDJPY and GBPJPY Lead Bullish Trend 
FxWirePro: EUR/ AUD gains slightly but remains on bearish path 
NZDJPY Faces Downward Pressure as 95.40 Resistance Holds Firm 
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path 
FxWirePro: USD/JPY hovers near 160, outlook bullish 
FxWirePro: GBP/USD cedes early gains ,outlook bearish 
FxWirePro: USD/CNY hovers near 3 -1/2 year low , outlook bearish 
FxWirePro:EUR/NZD gains some ground but outlook is bearish 
NZDJPY Faces Selling Pressure: Will 95.20 Resistance Hold? 
FxWirePro: GBP/AUD stuck in range but maintains bearish bias 
Gold Tumbles Below $4400 Amidst Hawkish Fed Signals: Sell Rallies for Targets Near $4200 
FxWirePro: USD/ZAR bears maintain upper hand 
FxWirePro: AUD/USD holds steady ahead of key Australian and U.S. data 
Add as a preferred source on Google
• GBP/AUD traded in tight range on Monday as investors awaited Bank of England’s upcoming policy announcement later this week.
• The Bank of England is widely expected to cut its key interest rate to 4.00% from 4.25% at Thursday’s policy meeting, with markets also anticipating at least one more cut before year-end—despite consumer price inflation climbing to nearly double the BoE’s 2% target in June.
• For currency markets, particularly GBP crosses, the tone of the BoE’s forward guidance will be critical
• Traders will be watching not just the rate cut itself, but any indication of how far and how fast the Bank may ease further, and whether it may also consider adjusting the pace of quantitative tightening in the months ahead.
• Immediate resistance is located at 2.0576(SMA 20), any close above will push the pair towards 2.0723(50% fib).
• Strong support is seen at 2.0402(61.8% fib) and break below could take the pair towards 2.0377(Lower BB).
Recommendation: Good to buy around 2.0510, with stop loss of 2.0400 and target price of 2.0580
