• GBP/AUD dipped on Wednesday as focus shifted to minutes of July FOMC meeting for clues on policy.
• Pullback extended below 1.8200, downtrend stops after finding support at 1.8164 (50% fib).
• GBP/AUD remains bullish, only a break and daily close below 1.8105 (50 DMA) will shift bias to downside.
• From a technical viewpoint, RSI is bullish at 60.00, daily momentum studies, 5, 9 are trending up.
• Immediate resistance is located at 1.8295 (38.2% fib ), any close above will push the pair towards 1.8396 (Higher BB).
• Strong support is seen at 1.8164 (50% fib) and break below could take the pair towards 1.8105 (50 DMA).
Recommendation: Good to buy around 1.8200, with stop loss of 1.8105 and target price of 1.8300


FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD bulls remain cautiously optimistic
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro- Woodies Pivot(Major) 



