Preliminary GDP

AUD/USD remains within a broader bullish structure, but near-term price action is showing signs of fatigue at the lower edge of its August ascending channel. A break below 0.7150 would sharpen bearish momentum, with 0.7142 standing out as a pivotal support level.

GBP/USD has shifted into a more defensive posture after failing to sustain upside momentum and breaking below the neckline of a head-and-shoulders pattern. Traders are now watching whether 1.3600 caps rebounds, whether 1.3565 attracts buyers, and whether Jackson Hole commentary disrupts the dollar-led move.

AUD/USD is drawing attention after Australian inflation eased less than expected, strengthening the case for a more hawkish interest rate outlook. Traders are now watching US Core PCE, Preliminary GDP and nearby technical levels that could decide whether the pair extends its advance or pulls back.