• GBP/AUD fell on Friday as softer-than-forecast inflation data offset Friday's upbeat retail sales, consumer confidence and business activity figures.
• British retail sales unexpectedly increased in September, driven by strong technology sales and higher demand for gold from online jewellers, while consumer sentiment in October climbed to its joint-highest level since August 2024.
• Meanwhile, preliminary data from S&P Global showed that UK business activity displayed early signs of recovery, according to the Composite Purchasing Managers' Index released on Friday..
• Futures markets now price in roughly a 65% probability of a 25-basis-point BoE rate cut by year-end, slightly lower than the 75% chance seen before Friday’s data.
• Immediate resistance is located at 2.0493(38.2%fib ), any close above will push the pair towards 2.0647(50%fib).
• Immediate support is seen at 2.0310(23.6%fib) and break below could take the pair towards 2.0247(Lower BB).
Recommendation: Good to sell around 2.0450 with stop loss of 2.0550 and target price of 2.0350


Ethereum’s Healthy Correction: Bulls Eye Strategic Re-Entry at 2,150 USD Following Profit-Booking Pullback
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
FxWirePro: GBP/AUD takes back some lost ground
FxWirePro- Major European Indices
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
Kiwi Ascendant: NZDJPY Bulls Eye Multi-Year Peaks Amid Triple-Day Rally
FxWirePro -Major European Indices
FxWirePro: USD/CNY falls to three-year high, scope for further downside
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration 



