JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD 
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FxWirePro- Major Pair levels and bias summary 
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FxWirePro: GBP/USD hits one-month high, scope for further upside 
• GBP/USD eased slightly on Wednesday after scaling three-month peak as investors booked profits ahead of Christmas holiday.
• Sterling rose to three month high on Tuesday as dovish Fed outlook pressured the dollar, with the DXY sliding to its lowest since Oct 3.
• The greenback has also been battered by chaotic Trump tariffs and worries about growing political influence over the Fed.
• Markets still expect two quarter-point cuts by end-2026, but the probability of a January move eased to 13% from 18%
• Meanwhile, trading volumes are expected to remain thin heading into the holidays, as many markets are either shut or operating on reduced hours on Christmas Eve.
• Immediate resistance is located at 1.3537(38.2%fib), any close above will push the pair towards 1.3569(Higher BB)
• Strong support is seen at 1.3433(50%fib) and break below could take the pair towards 1.3357(SMA 20).
Recommendation: Good to buy around 1.3500, with stop loss of 1.3430 and target price of 1.3580.
