GBP/USD steps back from a five-week top to 1.3045. Bullish MACD, confluence of 200-bar SMA and 38.2% Fibonacci retracement can challenge sellers. Buyers will have to defy a three-week-old ascending channel formation to revisit the early September tops. GBP/USD drops to 1.3045, down 0.12% intraday,

NZD/USD stays depressed after stepping back from a three-week top the previous day. New Zealand’s Food Price Index slumps 1.0% in August, Electronic Card Retail Sales rallied 7.3% YoY in September. Fresh news showing Sino-American and Aussie-China jitters join virus woes and vaccine hopes to confuse