Crispus Nyaga

The GBP/USD exchange rate recoiled and slipped sharply overnight after the Federal Reserve published hawkish minutes of the last monetary policy meeting. It dropped to a low of 1.3053, down from the year-to-date high of 1.3800.

The BTC/USD pair continued its recent sell-off after the Federal Reserve released minutes of the last monetary policy meeting and after Nvidia published upbeat financial results. Bitcoin was trading at $91,300 on Thursday morning, a few points above this week's low of $88,930.

The AUD/USD exchange rate continued to consolidate after the Federal Reserve published minutes of the recent monetary policy meeting and as traders waited for the upcoming US jobs data. It was trading at 0.6485, where it has remained in the past few days.

AUD/USD stayed range-bound near 0.6515 on Wednesday, with technicals pointing to a possible bearish breakout toward 0.6400 as traders await Fed minutes and US jobs data.

BTC/USD held steady near $93,400 on Wednesday, with a potential relief rally targeting $97,000 if key support at $88,790 continues to hold amid Fed and ETF-related catalysts.

GBP/USD hovered near 1.3150 on Wednesday, with upcoming UK inflation data and Fed minutes likely to drive a bearish move toward key support at 1.3000.

AUD/USD turned sharply lower after the RBA minutes reinforced a cautious stance on further rate cuts, with technical indicators pointing toward a test of the 0.6400 support level.

Bitcoin continued its sharp decline toward $91,900 as extreme fear, ETF outflows, and a bearish technical setup point to further losses toward $88,750.

GBP/USD holds near 1.3160 as inflation uncertainty and resistance at key levels point to a potential pullback toward 1.3010 in the short term.