• GBP/NZD recovered some ground on Thursday as the pound regained some ground against the kiwi ahead of the release of UK October GDP data.
• Investors are looking ahead to the UK's October GDP data on Friday for clues on the health of the domestic economy.
• The upcoming UK GDP data will provide the final fundamental cue before the highly anticipated BoE meeting next week.
• The Bank of England is widely expected to cut interest rates next week, with a Reuters poll showing all economists forecasting a 25-basis-point cut to 3.75%, as easing inflation and softer economic signals sway a narrowly split MPC toward loosening policy.
• Immediate resistance is located at 2.3066(50%fib), any close above will push the pair towards 2.3176 (SMA 20).
• Immediate support is seen at 2.3098(Daily high) and break below could take the pair towards 2.3154 (SMA 20).
Recommendation: Good to sell around 2.3060 with stop loss of 2.3130 and target price of 2.2900


Gold Loses Steam After Strong U.S. Retail Sales
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone
NZDJPY Bullish Surge: Strong Kiwi Ignites Fresh Upside as 94 Support Holds and All EMAs Align
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD hits one-month high, scope for further upside
FxWirePro- Major Crypto levels and bias summary
EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
FxWirePro: NZD/USD trades in narrow range ,outlook bullish
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD gains some upside momentum but still bearish 



