• GBP/AUD traded in tight range on Tuesday as market participants awaited the Bank of England's upcoming interest rate decision.
• Traders are currently estimating a nearly 60% probability that the Bank of England will reduce interest rates by 25 basis points to 5.0% on August 1.
• Investors are also closely monitoring the monetary policy decisions from the Bank of Japan and the Federal Reserve, both scheduled for Wednesday.
• Pair traded in 1.9598/1.9662 range and was last trading at 1.9630 in US afternoon session.
• Immediate resistance is located at 1.9705(23.6%fib), any close above will push the pair towards 1.9778(Higher BB)
• Strong support is seen at 1.9567(38.2%fib) and break below could take the pair towards 1.9454(50%fib)
Recommendation: Good to buy around 1.9620, with stop loss of 1.9550 and target price of 1.9700


FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: USD/CNY edges higher but bulls lack punch
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro- Woodies pivot (Major)
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 



