• USD/MXN held steady on Thursday as markets digested Trump’s comments on Fed Chair Powell’s position and monitored U.S. trade developments.
• Reports on Wednesday indicated that President Trump was considering removing Fed Chair Jerome Powell ,a claim Trump later denied, though he stopped short of ruling it out entirely.
• Markets viewed Powell’s potential ouster as a path to looser monetary policy, though it risked undermining trust in the Fed’s independence.
• Investors also assessed Trump’s latest trade remarks, including claims of being “very close” to an agreement with India and potential headway with Europe.
• Immediate resistance is located at 18.598(38.2%fib), any close above will push the pair towards 19.091(Higher BB ).
• Support is seen at 18.514 (23.6%fib) and break below could take the pair towards 18.383(Lower BB).
Recommendation: Good to buy around 18.710 with stop loss of 18.400 and target price of 19.000


FxWirePro- Major Pair levels and bias summary
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support
FxWirePro: GBP/USD dips on UK GDP data miss
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro: AUD/USD hovers near three –month high, scope for further upside
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
FxWirePro: USD/JPY caught in narrow range, bias bearish
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report 



