• GBP/AUD edged higher on Friday after data showed British retail sales unexpectedly rose in December.
• British retail sales rose unexpectedly last month, supported by strong online demand, adding to signs of economic momentum following finance minister Rachel Reeves’ budget, data on Friday showed.
• Friday’s data added to cautiously upbeat signals on economic activity for Reeves following her tax-raising November budget, despite further signs of labor market cooling and persistently high inflation.
• For the fourth quarter as a whole, retail sales fell by 0.3%, reflecting declines in November and October, which the ONS said would exert a 0.01 percentage-point drag on overall economic output.
• Immediate resistance is located at 1.9807 (Daily high ), any close above will push the pair towards 2.0034 (38.2%fib).
• Strong support is seen at 1.9692(23.6%fib) and break below could take the pair towards 1.9644(Feb 11th 2025 low).
Recommendation: Good to sell around 1.9760 , with stop loss of 1.9900 and target price of 1.9670


FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD bounce extends on Trump pivot, Ukraine deal hopes.
FxWirePro: EUR/NZD extends fall, vulnerable to more downside
USD/CHF Pares Gains After 4.4% GDP Blowout: Sell Rallies to 0.7860 Target
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
GBPJPY Plunges 200+ Pips, Then Reverses — Bulls Eye 216 on Dip Buys
AUDJPY Dips Met With Buyers: Bullish While 107 Holds Firm
NZDJPY Bulls Hold the Line: Buy the Dip to 95?
FxWirePro: USD/ JPY edges higher as yen weakness after BOJ stays on hold as expected
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD retreats slightly but trend is still bullish
FxWirePro: USD/ZAR recovers slightly but bears are not done yet
Narrow Range Drama in EUR/GBP: Bullish Bias Intact Above 0.8645
FxWirePro: EUR/NZD recovers slightly heading into the weekend. 



