Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints 
FxWirePro: USD/CAD recovers slightly but trend is still bearish 
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support 
FxWirePro: AUD/USD dips on soft China data 
FxWirePro- Major Crypto levels and bias summary 
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K 
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210? 
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains 
FxWirePro: AUD/USD hovers near three –month high, scope for further upside 
FxWirePro: GBP/AUD gives up early gains after UK GDP shock 
FxWirePro- Major European Indices 
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop 
• EUR/CAD initially dipped but recovered some ground on Thursday as mixed Canadian retail sales data offset a jump in oil prices.
• Canadian retail sales rose 1% in August after a 0.7% drop in July, led by spending on cars, groceries, and clothing. September is estimated to have declined 0.7%.
• The price of oil, a key Canadian export, jumped 5.8% to $61.87 a barrel following U.S. sanctions on major Russian suppliers.
• The Bank of Canada is set to announce its interest rate decision on October 29, with money markets pricing in an 87% probability of a 25-basis-point cut.
• Immediate resistance is located at 1.6270 (Oct 22nd high), any close above will push the pair towards 1.6314(38.2%fib).
• Support is seen at 1.6198(50%fib) and break below could take the pair towards 1.6175(Lower BB).
Recommendation: Good to sell around 1.6250 , with stop loss of 1.6350 and target price of 1.6160
